Carnegie Investment Counsel Purchases 357 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Carnegie Investment Counsel boosted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 15.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,600 shares of the company’s stock after buying an additional 357 shares during the quarter. Carnegie Investment Counsel’s holdings in VanEck Semiconductor ETF were worth $630,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Mendota Financial Group LLC purchased a new stake in shares of VanEck Semiconductor ETF during the third quarter worth about $25,000. Financial Management Professionals Inc. bought a new position in VanEck Semiconductor ETF during the 3rd quarter valued at approximately $28,000. Darwin Wealth Management LLC purchased a new stake in VanEck Semiconductor ETF in the 3rd quarter worth approximately $29,000. Pathway Financial Advisers LLC increased its stake in shares of VanEck Semiconductor ETF by 194.2% during the third 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. Finally, PSI Advisors LLC purchased a new position in VanEck Semiconductor ETF during the 3rd quarter valued at $39,000.

VanEck Semiconductor ETF Trading Up 2.4 %

NASDAQ:SMH opened at $258.25 on Friday. The company has a 50-day moving average price of $247.11 and a 200-day moving average price of $246.10. The stock has a market cap of $24.36 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 12 month low of $177.40 and a 12 month high of $283.07.

VanEck Semiconductor ETF Dividend Announcement

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