SBI Securities Co. Ltd. Makes New $8.86 Million Investment in VanEck Semiconductor ETF (NASDAQ:SMH)

SBI Securities Co. Ltd. bought a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, HoldingsChannel reports. The firm bought 36,581 shares of the company’s stock, valued at approximately $8,859,000.

Several other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in shares of VanEck Semiconductor ETF by 48.2% in the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock worth $319,983,000 after buying an additional 424,042 shares in the last quarter. Main Management ETF Advisors LLC lifted its position in VanEck Semiconductor ETF by 36.7% in the 3rd quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock valued at $231,415,000 after acquiring an additional 253,300 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its stake in VanEck Semiconductor ETF by 144.3% during 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 purchasing an additional 202,744 shares during the last quarter. Bank of Montreal Can boosted its stake in VanEck Semiconductor ETF by 69.4% during the 3rd quarter. Bank of Montreal Can now owns 328,820 shares of the company’s stock valued at $81,462,000 after purchasing an additional 134,760 shares during the last quarter. Finally, LPL Financial LLC increased its holdings 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 purchasing an additional 113,705 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ:SMH opened at $232.65 on Friday. VanEck Semiconductor ETF has a 1 year low of $198.44 and a 1 year high of $283.07. The company has a market cap of $21.49 billion, a P/E ratio of 33.13 and a beta of 1.34. The stock’s fifty day moving average price is $248.99 and its 200-day moving average price is $246.08.

VanEck Semiconductor ETF Dividend Announcement

The business also recently announced 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 of this dividend 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.