Tsfg LLC Reduces Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Tsfg LLC reduced its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 2.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,403 shares of the company’s stock after selling 285 shares during the period. Tsfg LLC’s holdings in VanEck Semiconductor ETF were worth $2,519,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. FMR LLC raised its stake 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 buying an additional 1,297 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of VanEck Semiconductor ETF by 48.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock worth $319,983,000 after acquiring an additional 424,042 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in VanEck Semiconductor ETF during the third quarter worth approximately $418,000. CWM LLC boosted its holdings in VanEck Semiconductor ETF by 8.9% in the third quarter. CWM LLC now owns 7,790 shares of the company’s stock valued at $1,912,000 after purchasing an additional 634 shares in the last quarter. Finally, Sequoia Financial Advisors LLC increased its stake in VanEck Semiconductor ETF by 21.9% in the third quarter. Sequoia Financial Advisors LLC now owns 3,027 shares of the company’s stock valued at $743,000 after purchasing an additional 544 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ:SMH traded down $2.54 during trading on Monday, hitting $244.64. 6,000,906 shares of the company were exchanged, compared to its average volume of 6,533,640. The firm’s 50 day moving average price is $247.43 and its 200-day moving average price is $246.25. VanEck Semiconductor ETF has a 12-month low of $171.49 and a 12-month high of $283.07. The stock has a market capitalization of $23.80 billion, a P/E ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

The business also recently disclosed 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 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.