Evolution Wealth Advisors LLC Grows Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Evolution Wealth Advisors LLC grew its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 100.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,885 shares of the company’s stock after buying an additional 1,945 shares during the quarter. Evolution Wealth Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $941,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mendota Financial Group LLC purchased a new position in shares of VanEck Semiconductor ETF during the 3rd quarter valued at approximately $25,000. Financial Management Professionals Inc. purchased a new position in shares of VanEck Semiconductor ETF during the 3rd quarter valued at approximately $28,000. Darwin Wealth Management LLC purchased a new position in shares of VanEck Semiconductor ETF during the 3rd quarter valued at approximately $29,000. Pathway Financial Advisers LLC boosted its stake in shares of VanEck Semiconductor ETF by 194.2% during the 3rd quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock valued at $38,000 after buying an additional 101 shares during the last quarter. Finally, PSI Advisors LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter valued at approximately $39,000.

VanEck Semiconductor ETF Trading Up 1.8 %

SMH stock opened at $267.17 on Thursday. The firm has a market cap of $25.34 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 12-month low of $184.15 and a 12-month high of $283.07. The stock’s 50 day simple moving average is $247.42 and its 200 day simple moving average is $245.68.

VanEck Semiconductor ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were given a dividend of $1.0713 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.