Brookstone Capital Management Sells 11,207 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Brookstone Capital Management lowered its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 38.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,586 shares of the company’s stock after selling 11,207 shares during the period. Brookstone Capital Management’s holdings in VanEck Semiconductor ETF were worth $4,259,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in SMH. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in shares of VanEck Semiconductor ETF by 46.3% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,624,000 shares of the company’s stock valued at $423,377,000 after purchasing an additional 514,000 shares during the period. JPMorgan Chase & Co. lifted its position in VanEck Semiconductor ETF by 48.2% during the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after buying an additional 424,042 shares during the period. Main Management ETF Advisors LLC boosted its holdings 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 valued at $231,415,000 after buying an additional 253,300 shares in the last quarter. Meitav Investment House Ltd. grew its position in shares of VanEck Semiconductor ETF by 56.9% in the 3rd quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock worth $147,260,000 after buying an additional 217,702 shares during the period. Finally, Bank of Montreal Can increased its stake in shares of VanEck Semiconductor ETF by 69.4% in the 3rd quarter. Bank of Montreal Can now owns 328,820 shares of the company’s stock worth $81,462,000 after acquiring an additional 134,760 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $245.44 on Wednesday. VanEck Semiconductor ETF has a fifty-two week low of $171.49 and a fifty-two week high of $283.07. The firm’s 50-day simple moving average is $247.38 and its two-hundred day simple moving average is $246.04. The stock has a market cap of $23.88 billion, a PE ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

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