Abound Financial LLC Takes Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Abound Financial LLC acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the 4th quarter, Holdings Channel reports. The firm acquired 1,573 shares of the company’s stock, valued at approximately $381,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hartford Financial Management Inc. raised its position in shares of VanEck Semiconductor ETF by 61.9% during the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock worth $25,000 after acquiring an additional 39 shares in the last quarter. Nvwm LLC raised its position in shares of VanEck Semiconductor ETF by 2.2% during the 3rd quarter. Nvwm LLC now owns 1,867 shares of the company’s stock worth $458,000 after acquiring an additional 41 shares in the last quarter. Prime Capital Investment Advisors LLC raised its position in shares of VanEck Semiconductor ETF by 4.3% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 1,011 shares of the company’s stock worth $248,000 after acquiring an additional 42 shares in the last quarter. Allworth Financial LP raised its position in shares of VanEck Semiconductor ETF by 5.1% during the 3rd quarter. Allworth Financial LP now owns 892 shares of the company’s stock worth $219,000 after acquiring an additional 43 shares in the last quarter. Finally, Clarity Capital Partners LLC raised its position in shares of VanEck Semiconductor ETF by 2.8% during the 3rd quarter. Clarity Capital Partners LLC now owns 1,590 shares of the company’s stock worth $390,000 after acquiring an additional 44 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $249.96 on Friday. The firm has a market capitalization of $23.67 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a fifty-two week low of $198.44 and a fifty-two week high of $283.07. The stock’s 50-day simple moving average is $249.79 and its 200-day simple moving average is $245.64.

VanEck Semiconductor ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 24th. Shareholders 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.

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.