RMR Wealth Builders Trims Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

RMR Wealth Builders lowered its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 2.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,243 shares of the company’s stock after selling 90 shares during the quarter. RMR Wealth Builders’ holdings in VanEck Semiconductor ETF were worth $1,027,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the business. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in VanEck Semiconductor ETF by 46.3% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,624,000 shares of the company’s stock worth $423,377,000 after purchasing an additional 514,000 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in VanEck Semiconductor ETF by 48.2% in the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock worth $319,983,000 after buying an additional 424,042 shares during the last quarter. Main Management ETF Advisors LLC boosted its stake in shares of VanEck Semiconductor ETF by 36.7% during the 3rd quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock worth $231,415,000 after acquiring an additional 253,300 shares in the last quarter. Meitav Investment House Ltd. lifted its position in VanEck Semiconductor ETF by 56.9% during the 3rd quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock worth $147,260,000 after acquiring an additional 217,702 shares during the last quarter. Finally, Bank of Montreal Can raised its position in shares of VanEck Semiconductor ETF by 69.4% during the third quarter. Bank of Montreal Can now owns 328,820 shares of the company’s stock valued at $81,462,000 after buying an additional 134,760 shares during the last quarter.

VanEck Semiconductor ETF Stock Down 2.0 %

VanEck Semiconductor ETF stock traded down $5.05 during mid-day trading on Friday, hitting $247.18. 6,895,887 shares of the company were exchanged, compared to its average volume of 6,620,228. VanEck Semiconductor ETF has a 1-year low of $170.19 and a 1-year high of $283.07. The business has a fifty day moving average of $247.38 and a 200 day moving average of $246.52. The company has a market capitalization of $23.69 billion, a PE ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were paid a $1.0713 dividend. The ex-dividend date was Monday, December 23rd.

VanEck Semiconductor ETF Profile

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.