Sovran Advisors LLC Makes New $489,000 Investment in VanEck Semiconductor ETF (NASDAQ:SMH)

Sovran Advisors LLC bought a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,994 shares of the company’s stock, valued at approximately $489,000.

Several other hedge funds and other institutional investors have also made changes to their positions in SMH. Hartford Financial Management Inc. raised its holdings in shares of VanEck Semiconductor ETF by 61.9% in the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock worth $25,000 after buying an additional 39 shares during the period. Mather Group LLC. grew its position in VanEck Semiconductor ETF by 320.0% in the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after acquiring an additional 80 shares during the last quarter. Financial Management Professionals Inc. bought a new position in VanEck Semiconductor ETF in the 3rd quarter valued at $28,000. Darwin Wealth Management LLC purchased a new stake in VanEck Semiconductor ETF in the third quarter worth $29,000. Finally, Pathway Financial Advisers LLC lifted its position in shares of VanEck Semiconductor ETF by 194.2% during the third 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 last quarter.

VanEck Semiconductor ETF Trading Down 0.5 %

NASDAQ SMH opened at $248.51 on Thursday. The stock has a market cap of $23.53 billion, a PE 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 price is $248.73 and its 200-day moving average price is $244.33.

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 given a $1.0713 dividend. The ex-dividend date 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.