102,959 Shares in VanEck Semiconductor ETF (NASDAQ:SMH) Bought by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC bought a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 102,959 shares of the company’s stock, valued at approximately $24,934,000.

A number of other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted 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 raised its stake in shares of VanEck Semiconductor ETF by 36.7% in the third quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock worth $231,415,000 after buying an additional 253,300 shares during the period. Meitav Investment House Ltd. lifted its position in shares of VanEck Semiconductor ETF by 56.9% during the 3rd quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock valued at $147,260,000 after buying an additional 217,702 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of VanEck Semiconductor ETF by 144.3% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock valued at $83,114,000 after acquiring an additional 202,744 shares during the period. Finally, Bank of Montreal Can increased its holdings in VanEck Semiconductor ETF by 69.4% in the 3rd quarter. Bank of Montreal Can now owns 328,820 shares of the company’s stock worth $81,462,000 after acquiring an additional 134,760 shares in the last quarter.

VanEck Semiconductor ETF Trading Down 1.3 %

NASDAQ SMH opened at $245.00 on Friday. The stock has a market cap of $23.20 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 company’s 50 day moving average is $248.61 and its two-hundred day moving average is $244.32.

VanEck Semiconductor ETF Announces Dividend

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