Advyzon Investment Management LLC Invests $370,000 in VanEck Semiconductor ETF (NASDAQ:SMH)

Advyzon Investment Management LLC purchased a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,527 shares of the company’s stock, valued at approximately $370,000.

Other hedge funds have also modified their holdings of the company. Hartford Financial Management Inc. boosted its holdings in VanEck Semiconductor ETF by 61.9% during the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after acquiring an additional 39 shares during the period. Mather Group LLC. boosted its holdings in VanEck Semiconductor ETF by 320.0% during the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after acquiring an additional 80 shares during the period. Financial Management Professionals Inc. purchased a new position in VanEck Semiconductor ETF during the 3rd quarter valued at about $28,000. Darwin Wealth Management LLC purchased a new position in VanEck Semiconductor ETF during the 3rd quarter valued at about $29,000. Finally, Hemington Wealth Management boosted 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 valued at $31,000 after acquiring an additional 44 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $257.34 on Thursday. The business has a 50-day moving average of $249.49 and a 200 day moving average of $245.11. VanEck Semiconductor ETF has a 12 month low of $193.72 and a 12 month high of $283.07. The stock has a market capitalization of $24.37 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were issued a dividend of $1.0713 per share. 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.