StoneCrest Wealth Management Inc. Raises Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Posted by Tech Dows on Jan 17th, 2025

StoneCrest Wealth Management Inc. increased its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 4.1% in the fourth quarter, HoldingsChannel reports. The firm owned 23,059 shares of the company’s stock after buying an additional 898 shares during the period. VanEck Semiconductor ETF makes up 3.6% of StoneCrest Wealth Management Inc.’s portfolio, making the stock its 9th largest position. StoneCrest Wealth Management Inc.’s holdings in VanEck Semiconductor ETF were worth $5,584,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Mendota Financial Group LLC bought a new position in shares of VanEck Semiconductor ETF in the third quarter valued at about $25,000. Financial Management Professionals Inc. acquired a new position in VanEck Semiconductor ETF in the 3rd quarter valued at about $28,000. Darwin Wealth Management LLC bought a new position in VanEck Semiconductor ETF in the 3rd quarter valued at about $29,000. Pathway Financial Advisers LLC raised its holdings in VanEck Semiconductor ETF by 194.2% in the 3rd quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock valued at $38,000 after acquiring an additional 101 shares during the period. Finally, PSI Advisors LLC acquired a new stake in VanEck Semiconductor ETF during the third quarter worth approximately $39,000.

VanEck Semiconductor ETF Trading Up 0.4 %

VanEck Semiconductor ETF stock opened at $252.29 on Friday. The company has a market capitalization of $23.80 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 12 month low of $171.49 and a 12 month high of $283.07. The stock’s 50 day moving average is $247.31 and its 200-day moving average is $246.08.

VanEck Semiconductor ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were issued a $1.0713 dividend. The ex-dividend date was Monday, December 23rd.

VanEck Semiconductor ETF Company Profile

(Free Report)

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.