Farther Finance Advisors LLC Sells 415 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Farther Finance Advisors LLC lessened its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 12.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,011 shares of the company’s stock after selling 415 shares during the quarter. Farther Finance Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $729,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. FMR LLC increased its holdings in 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 during the last quarter. Savant Capital LLC bought a new position in VanEck Semiconductor ETF during the fourth quarter worth about $403,000. JPMorgan Chase & Co. grew its stake in VanEck Semiconductor ETF by 48.2% in the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after acquiring an additional 424,042 shares during the period. GAMMA Investing LLC increased its holdings in shares of VanEck Semiconductor ETF by 180.0% in the fourth quarter. GAMMA Investing LLC now owns 350 shares of the company’s stock worth $85,000 after acquiring an additional 225 shares in the last quarter. Finally, Apollon Financial LLC raised its position in shares of VanEck Semiconductor ETF by 73.3% during the fourth quarter. Apollon Financial LLC now owns 2,094 shares of the company’s stock worth $507,000 after purchasing an additional 886 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $226.57 on Friday. The stock has a 50 day simple moving average of $243.81 and a 200 day simple moving average of $244.40. VanEck Semiconductor ETF has a 52-week low of $198.44 and a 52-week high of $283.07. The firm has a market capitalization of $21.45 billion, a PE ratio of 33.13 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were paid a $1.0713 dividend. 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.