Financial Advocates Investment Management Acquires 811 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Financial Advocates Investment Management lifted its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 5.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 16,664 shares of the company’s stock after purchasing an additional 811 shares during the quarter. Financial Advocates Investment Management’s holdings in VanEck Semiconductor ETF were worth $4,036,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. FMR LLC lifted its holdings in shares of VanEck Semiconductor ETF by 7.2% in the third quarter. FMR LLC now owns 19,264 shares of the company’s stock valued at $4,728,000 after purchasing an additional 1,297 shares in the last quarter. JPMorgan Chase & Co. raised its position in 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. Allspring Global Investments Holdings LLC bought a new stake in VanEck Semiconductor ETF in the 3rd quarter valued at approximately $418,000. GAMMA Investing LLC boosted its position in VanEck Semiconductor ETF by 180.0% during the 4th quarter. GAMMA Investing LLC now owns 350 shares of the company’s stock worth $85,000 after acquiring an additional 225 shares during the last quarter. Finally, CWM LLC grew its stake in shares of VanEck Semiconductor ETF by 8.9% during the 3rd quarter. CWM LLC now owns 7,790 shares of the company’s stock worth $1,912,000 after acquiring an additional 634 shares in the last quarter.

VanEck Semiconductor ETF Trading Up 2.3 %

VanEck Semiconductor ETF stock opened at $247.14 on Thursday. The company has a fifty day simple moving average of $248.41 and a 200 day simple moving average of $244.29. VanEck Semiconductor ETF has a 1-year low of $190.12 and a 1-year high of $283.07. The company has a market cap of $23.40 billion, a P/E 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 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.