G&S Capital LLC Purchases New Position in VanEck Semiconductor ETF (NASDAQ:SMH)

G&S Capital LLC acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 11,471 shares of the company’s stock, valued at approximately $2,778,000. VanEck Semiconductor ETF accounts for about 1.1% of G&S Capital LLC’s portfolio, making the stock its 27th biggest position.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Hartford Financial Management Inc. raised its position in VanEck Semiconductor ETF by 61.9% in the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after purchasing an additional 39 shares during the last quarter. Mather Group LLC. raised its holdings in VanEck Semiconductor ETF by 320.0% in the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after buying an additional 80 shares during the last quarter. Financial Management Professionals Inc. acquired a new stake in VanEck Semiconductor ETF during the 3rd quarter worth approximately $28,000. Darwin Wealth Management LLC bought a new stake in VanEck Semiconductor ETF during the 3rd quarter worth approximately $29,000. Finally, Hemington Wealth Management grew its holdings in VanEck Semiconductor ETF by 50.6% during the 4th quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after acquiring an additional 44 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

SMH stock opened at $248.51 on Thursday. The company has a market capitalization of $23.53 billion, a P/E ratio of 18.82 and a beta of 1.35. The company has a fifty day moving average price of $248.65 and a 200-day moving average price of $244.36. VanEck Semiconductor ETF has a 52-week low of $193.72 and a 52-week high of $283.07.

VanEck Semiconductor ETF Announces Dividend

The business 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 of this dividend 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.