Financial Freedom LLC Raises Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Financial Freedom LLC increased its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 0.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,959 shares of the company’s stock after purchasing an additional 62 shares during the quarter. VanEck Semiconductor ETF makes up 2.4% of Financial Freedom LLC’s portfolio, making the stock its 12th biggest holding. Financial Freedom LLC’s holdings in VanEck Semiconductor ETF were worth $4,591,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Diversify Advisory Services LLC lifted its stake in shares of VanEck Semiconductor ETF by 7.0% in the 4th quarter. Diversify Advisory Services LLC now owns 8,027 shares of the company’s stock valued at $1,984,000 after purchasing an additional 528 shares during the last quarter. Smart Money Group LLC lifted its stake in shares of VanEck Semiconductor ETF by 2.0% in the 4th quarter. Smart Money Group LLC now owns 12,929 shares of the company’s stock valued at $3,131,000 after purchasing an additional 251 shares during the last quarter. Cascade Investment Group Inc. lifted its stake in shares of VanEck Semiconductor ETF by 7.0% in the 4th quarter. Cascade Investment Group Inc. now owns 1,586 shares of the company’s stock valued at $384,000 after purchasing an additional 104 shares during the last quarter. Brady Martz Wealth Solutions LLC bought a new stake in shares of VanEck Semiconductor ETF in the 4th quarter valued at approximately $317,000. Finally, Cambridge Advisors Inc. lifted its stake in shares of VanEck Semiconductor ETF by 2.0% during the 4th quarter. Cambridge Advisors Inc. now owns 2,970 shares of the company’s stock worth $719,000 after acquiring an additional 58 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock opened at $258.25 on Monday. VanEck Semiconductor ETF has a 52-week low of $177.40 and a 52-week high of $283.07. The firm has a market capitalization of $24.36 billion, a P/E ratio of 18.82 and a beta of 1.35. The stock has a 50 day moving average price of $247.11 and a 200 day moving average price of $245.98.

VanEck Semiconductor ETF Announces Dividend

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

VanEck Semiconductor ETF Company 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.