Blue Trust Inc. Trims Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Blue Trust Inc. lowered its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 41.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 135 shares of the company’s stock after selling 95 shares during the quarter. Blue Trust Inc.’s holdings in VanEck Semiconductor ETF were worth $33,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Financial Management Professionals Inc. acquired a new stake in VanEck Semiconductor ETF in the third quarter valued at approximately $28,000. Darwin Wealth Management LLC purchased a new stake in shares of VanEck Semiconductor ETF in the third quarter valued at about $29,000. Pathway Financial Advisers LLC raised its position 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 period. Fifth Third Bancorp grew its holdings in shares of VanEck Semiconductor ETF by 80.2% during the 4th quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock worth $38,000 after purchasing an additional 69 shares during the period. Finally, PSI Advisors LLC purchased a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter valued at approximately $39,000.

VanEck Semiconductor ETF Stock Up 1.9 %

SMH opened at $249.62 on Tuesday. The firm has a market cap of $23.64 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52 week low of $193.72 and a 52 week high of $283.07. The business has a fifty day simple moving average of $248.67 and a 200-day simple moving average of $244.18.

VanEck Semiconductor ETF Dividend Announcement

The firm also recently declared 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 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.