Smart Money Group LLC Buys 251 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Smart Money Group LLC raised its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 2.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,929 shares of the company’s stock after acquiring an additional 251 shares during the quarter. VanEck Semiconductor ETF makes up about 1.1% of Smart Money Group LLC’s investment portfolio, making the stock its 29th largest holding. Smart Money Group LLC’s holdings in VanEck Semiconductor ETF were worth $3,131,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Hsbc Holdings PLC boosted its position in VanEck Semiconductor ETF by 143.7% during the second quarter. Hsbc Holdings PLC now owns 13,426 shares of the company’s stock worth $3,501,000 after purchasing an additional 7,916 shares during the period. AE Wealth Management LLC boosted its holdings in shares of VanEck Semiconductor ETF by 54.6% during the 2nd quarter. AE Wealth Management LLC now owns 17,599 shares of the company’s stock worth $4,588,000 after buying an additional 6,216 shares during the period. Kayne Anderson Rudnick Investment Management LLC grew its stake in VanEck Semiconductor ETF by 75.1% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 774 shares of the company’s stock valued at $202,000 after buying an additional 332 shares during the last quarter. Mount Yale Investment Advisors LLC bought a new position in VanEck Semiconductor ETF in the 2nd quarter valued at about $227,000. Finally, Itau Unibanco Holding S.A. acquired a new stake in VanEck Semiconductor ETF during the second quarter worth approximately $10,814,000.

VanEck Semiconductor ETF Stock Performance

Shares of VanEck Semiconductor ETF stock opened at $258.25 on Monday. The firm has a 50-day moving average of $247.11 and a 200-day moving average of $245.98. VanEck Semiconductor ETF has a 52-week low of $177.40 and a 52-week high of $283.07. The stock has a market cap of $24.36 billion, a PE ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 24th. Stockholders 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.