Thrivent Financial for Lutherans Grows Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Thrivent Financial for Lutherans grew its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 6.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 324,696 shares of the company’s stock after buying an additional 18,329 shares during the period. Thrivent Financial for Lutherans’ holdings in VanEck Semiconductor ETF were worth $79,697,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Mendota Financial Group LLC acquired a new stake in VanEck Semiconductor ETF during the 3rd quarter worth about $25,000. Chilton Capital Management LLC purchased a new position in shares of VanEck Semiconductor ETF in the second quarter worth about $26,000. Innealta Capital LLC purchased a new position in shares of VanEck Semiconductor ETF in the second quarter worth about $28,000. Financial Management Professionals Inc. purchased a new stake in VanEck Semiconductor ETF in the third quarter valued at approximately $28,000. Finally, TD Capital Management LLC acquired a new position in VanEck Semiconductor ETF in the 2nd quarter worth approximately $29,000.

VanEck Semiconductor ETF Trading Down 3.3 %

Shares of NASDAQ SMH opened at $239.95 on Monday. The company has a 50 day simple moving average of $246.15 and a two-hundred day simple moving average of $245.74. The stock has a market cap of $23.78 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 12 month low of $156.56 and a 12 month high of $283.07.

About VanEck Semiconductor ETF

The VanEck Semiconductor ETF (SMH) is an exchange-traded fund that is based on the MVIS US Listed Semiconductor 25 index, a market-cap-weighted index of 25 of the largest US-listed semiconductors companies. SMH was launched on May 5, 2000 and is managed by VanEck.