Arkadios Wealth Advisors Raises Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Arkadios Wealth Advisors increased its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 27.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,698 shares of the company’s stock after purchasing an additional 1,458 shares during the quarter. Arkadios Wealth Advisors’ holdings in VanEck Semiconductor ETF were worth $1,622,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. LPL Financial LLC lifted its stake in shares of VanEck Semiconductor ETF by 7.0% during the 3rd quarter. LPL Financial LLC now owns 1,743,333 shares of the company’s stock worth $427,901,000 after purchasing an additional 113,705 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its position in VanEck Semiconductor ETF by 46.3% during 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 buying an additional 514,000 shares in the last quarter. JPMorgan Chase & Co. increased its position in VanEck Semiconductor ETF by 48.2% during 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 in the last quarter. Main Management ETF Advisors LLC increased its position in 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. Finally, Meitav Investment House Ltd. increased its position in VanEck Semiconductor ETF by 56.9% during the 3rd quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock valued at $147,260,000 after buying an additional 217,702 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ:SMH opened at $258.25 on Friday. The business’s 50-day moving average is $247.11 and its 200 day moving average is $246.10. VanEck Semiconductor ETF has a 1 year low of $177.40 and a 1 year high of $283.07. The firm has a market capitalization of $24.36 billion, a P/E ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

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