Wealthspire Advisors LLC Purchases New Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Wealthspire Advisors LLC purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 994 shares of the company’s stock, valued at approximately $241,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hartford Financial Management Inc. boosted its holdings in VanEck Semiconductor ETF by 61.9% in the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after purchasing an additional 39 shares in the last quarter. Mather Group LLC. boosted its holdings in shares of VanEck Semiconductor ETF by 320.0% in the fourth 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 period. Darwin Wealth Management LLC acquired a new stake in shares of VanEck Semiconductor ETF in the third quarter valued at approximately $29,000. Hemington Wealth Management boosted its holdings in shares of VanEck Semiconductor ETF by 50.6% in the fourth quarter. Hemington Wealth Management now owns 131 shares of the company’s stock valued at $31,000 after acquiring an additional 44 shares during the period. Finally, Pathway Financial Advisers LLC boosted its holdings in shares of VanEck Semiconductor ETF by 194.2% in the third 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.

VanEck Semiconductor ETF Trading Down 6.2 %

SMH stock opened at $228.79 on Friday. The company has a market capitalization of $21.66 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a twelve month low of $198.44 and a twelve month high of $283.07. The business has a 50 day simple moving average of $249.19 and a 200-day simple moving average of $245.97.

VanEck Semiconductor ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Stockholders 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

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.