VanEck Semiconductor ETF (NASDAQ:SMH) Stock Position Boosted by Horizon Investments LLC

Horizon Investments LLC boosted its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 5.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,372 shares of the company’s stock after buying an additional 422 shares during the period. Horizon Investments LLC’s holdings in VanEck Semiconductor ETF were worth $2,027,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hartford Financial Management Inc. grew its position in VanEck Semiconductor ETF by 61.9% in the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after buying an additional 39 shares in the last quarter. Mather Group LLC. boosted its position in shares of VanEck Semiconductor ETF by 320.0% during the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after purchasing an additional 80 shares in the last quarter. Ethos Financial Group LLC bought a new position in shares of VanEck Semiconductor ETF during the 4th quarter valued at about $28,000. Darwin Wealth Management LLC bought a new position in shares of VanEck Semiconductor ETF during the 3rd quarter valued at about $29,000. Finally, Hemington Wealth Management boosted its position in shares of VanEck Semiconductor ETF by 50.6% during the 4th quarter. Hemington Wealth Management now owns 131 shares of the company’s stock valued at $31,000 after purchasing an additional 44 shares in the last quarter.

VanEck Semiconductor ETF Trading Down 1.5 %

NASDAQ:SMH opened at $225.42 on Wednesday. VanEck Semiconductor ETF has a twelve month low of $198.44 and a twelve month high of $283.07. The company has a 50-day moving average of $242.61 and a 200-day moving average of $244.24. The firm has a market cap of $20.45 billion, a price-to-earnings ratio of 31.46 and a beta of 1.34.

VanEck Semiconductor ETF Announces Dividend

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