Crown Wealth Group LLC Acquires 357 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Crown Wealth Group LLC grew its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 2.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 13,741 shares of the company’s stock after buying an additional 357 shares during the period. VanEck Semiconductor ETF makes up 1.4% of Crown Wealth Group LLC’s investment portfolio, making the stock its 18th biggest position. Crown Wealth Group LLC’s holdings in VanEck Semiconductor ETF were worth $3,328,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. LPL Financial LLC raised its position in shares of VanEck Semiconductor ETF by 7.0% in the 3rd quarter. LPL Financial LLC now owns 1,743,333 shares of the company’s stock worth $427,901,000 after acquiring an additional 113,705 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in VanEck Semiconductor ETF by 48.2% in the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after buying an additional 424,042 shares during the period. Main Management ETF Advisors LLC boosted its holdings in shares of VanEck Semiconductor ETF by 36.7% during the 3rd quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock worth $231,415,000 after buying an additional 253,300 shares in the last quarter. Meitav Investment House Ltd. grew its position in shares of VanEck Semiconductor ETF by 4.1% during the 4th quarter. Meitav Investment House Ltd. now owns 624,975 shares of the company’s stock worth $151,269,000 after buying an additional 24,516 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of VanEck Semiconductor ETF by 144.3% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock valued at $83,114,000 after acquiring an additional 202,744 shares in the last quarter.

VanEck Semiconductor ETF Stock Up 2.3 %

Shares of NASDAQ SMH opened at $243.82 on Thursday. The firm has a market cap of $23.09 billion, a PE ratio of 18.82 and a beta of 1.35. The company’s fifty day simple moving average is $249.39 and its 200 day simple moving average is $246.09. VanEck Semiconductor ETF has a 12-month low of $198.44 and a 12-month high of $283.07.

VanEck Semiconductor ETF Dividend Announcement

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