Purus Wealth Management LLC Sells 65 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Purus Wealth Management LLC trimmed its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 2.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,233 shares of the company’s stock after selling 65 shares during the quarter. Purus Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $541,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SMH. Mendota Financial Group LLC bought a new position in VanEck Semiconductor ETF in the 3rd quarter worth about $25,000. Financial Management Professionals Inc. purchased a new stake in shares of VanEck Semiconductor ETF in the third quarter valued at approximately $28,000. Darwin Wealth Management LLC bought a new position in VanEck Semiconductor ETF in the third quarter worth approximately $29,000. Pathway Financial Advisers LLC increased its holdings in VanEck Semiconductor ETF by 194.2% during the 3rd quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock worth $38,000 after purchasing an additional 101 shares during the period. Finally, PSI Advisors LLC bought a new stake in VanEck Semiconductor ETF during the 3rd quarter valued at $39,000.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $258.25 on Monday. The stock has a market capitalization of $24.36 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a fifty-two week low of $177.40 and a fifty-two week high of $283.07. The company 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 announced a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were given a dividend of $1.0713 per share. 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.