VanEck Semiconductor ETF (NASDAQ:SMH) Stock Position Lifted by Stephens Inc. AR

Stephens Inc. AR boosted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 37.2% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,953 shares of the company’s stock after purchasing an additional 530 shares during the period. Stephens Inc. AR’s holdings in VanEck Semiconductor ETF were worth $473,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. LPL Financial LLC grew its position in VanEck Semiconductor ETF by 7.0% during 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. grew its position in VanEck Semiconductor ETF by 48.2% during the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after purchasing an additional 424,042 shares in the last quarter. Main Management ETF Advisors LLC grew its position in VanEck Semiconductor ETF by 36.7% during the third quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock valued at $231,415,000 after purchasing an additional 253,300 shares in the last quarter. Meitav Investment House Ltd. grew its position 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 valued at $147,260,000 after purchasing an additional 217,702 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. grew 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 valued at $83,114,000 after purchasing an additional 202,744 shares in the last quarter.

VanEck Semiconductor ETF Stock Up 0.3 %

SMH stock opened at $252.58 on Friday. The company has a market capitalization of $23.92 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 12 month low of $193.72 and a 12 month high of $283.07. The firm has a 50 day moving average of $248.72 and a two-hundred day moving average of $244.42.

VanEck Semiconductor ETF Announces Dividend

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

VanEck Semiconductor ETF Company 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.