VanEck Semiconductor ETF (NASDAQ:SMH) Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 2.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,217 shares of the company’s stock after buying an additional 601 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in VanEck Semiconductor ETF were worth $5,944,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. FMR LLC increased its holdings in VanEck Semiconductor ETF by 7.2% in the 3rd quarter. FMR LLC now owns 19,264 shares of the company’s stock valued at $4,728,000 after purchasing an additional 1,297 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in VanEck Semiconductor ETF by 48.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after purchasing an additional 424,042 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in VanEck Semiconductor ETF in the 3rd quarter valued at approximately $418,000. CWM LLC increased its holdings in VanEck Semiconductor ETF by 8.9% in the 3rd quarter. CWM LLC now owns 7,790 shares of the company’s stock valued at $1,912,000 after purchasing an additional 634 shares during the last quarter. Finally, Sequoia Financial Advisors LLC boosted its position in VanEck Semiconductor ETF by 21.9% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 3,027 shares of the company’s stock valued at $743,000 after buying an additional 544 shares during the period.

VanEck Semiconductor ETF Stock Down 1.0 %

Shares of SMH stock opened at $244.64 on Tuesday. VanEck Semiconductor ETF has a 52 week low of $171.49 and a 52 week high of $283.07. The stock has a market capitalization of $23.80 billion, a PE ratio of 18.82 and a beta of 1.35. The firm has a 50 day moving average of $247.44 and a two-hundred day moving average of $246.15.

VanEck Semiconductor ETF Announces Dividend

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