Pine Valley Investments Ltd Liability Co Decreases Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Pine Valley Investments Ltd Liability Co reduced its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 24.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,368 shares of the company’s stock after selling 444 shares during the period. Pine Valley Investments Ltd Liability Co’s holdings in VanEck Semiconductor ETF were worth $331,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Edge Capital Group LLC increased its holdings in VanEck Semiconductor ETF by 6.9% during the 4th quarter. Edge Capital Group LLC now owns 18,785 shares of the company’s stock valued at $4,549,000 after acquiring an additional 1,210 shares in the last quarter. IFP Advisors Inc grew its position in shares of VanEck Semiconductor ETF by 77.0% in the fourth quarter. IFP Advisors Inc now owns 51,358 shares of the company’s stock valued at $12,438,000 after purchasing an additional 22,339 shares during the last quarter. Union Bancaire Privee UBP SA purchased a new position in shares of VanEck Semiconductor ETF during the 4th quarter worth approximately $264,000. World Equity Group Inc. acquired a new position in shares of VanEck Semiconductor ETF during the 4th quarter worth approximately $248,000. Finally, MONECO Advisors LLC lifted its stake in VanEck Semiconductor ETF by 33.4% in the 4th quarter. MONECO Advisors LLC now owns 9,230 shares of the company’s stock valued at $2,235,000 after buying an additional 2,310 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $243.82 on Thursday. VanEck Semiconductor ETF has a fifty-two week low of $198.44 and a fifty-two week high of $283.07. The company has a market capitalization of $23.09 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The stock has a fifty day moving average of $249.39 and a two-hundred day moving average of $246.09.

VanEck Semiconductor ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were paid 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.