Gladstone Institutional Advisory LLC Has $1.48 Million Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Gladstone Institutional Advisory LLC decreased its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 56.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,091 shares of the company’s stock after selling 7,759 shares during the period. Gladstone Institutional Advisory LLC’s holdings in VanEck Semiconductor ETF were worth $1,475,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. LPL Financial LLC grew its stake in VanEck Semiconductor ETF by 7.0% in the third quarter. LPL Financial LLC now owns 1,743,333 shares of the company’s stock valued at $427,901,000 after purchasing an additional 113,705 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of 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 buying an additional 424,042 shares during the last quarter. Main Management ETF Advisors LLC grew its stake in shares of VanEck Semiconductor ETF by 36.7% in the third 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. increased its holdings in VanEck Semiconductor ETF by 56.9% during the third 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 last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. raised its position in VanEck Semiconductor ETF by 144.3% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock worth $83,114,000 after acquiring an additional 202,744 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of SMH stock opened at $251.92 on Friday. The company has a fifty day moving average price of $248.65 and a two-hundred day moving average price of $244.36. VanEck Semiconductor ETF has a one year low of $193.72 and a one year high of $283.07. The stock has a market cap of $23.85 billion, a P/E ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

The company also recently announced 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.