KG&L Capital Management LLC Raises Position in VanEck Semiconductor ETF (NASDAQ:SMH)

KG&L Capital Management LLC grew its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 31.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,503 shares of the company’s stock after buying an additional 606 shares during the quarter. KG&L Capital Management LLC’s holdings in VanEck Semiconductor ETF were worth $606,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Mendota Financial Group LLC purchased a new stake in VanEck Semiconductor ETF during the 3rd quarter valued at $25,000. Hartford Financial Management Inc. boosted its position in shares of VanEck Semiconductor ETF by 61.9% during the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after buying an additional 39 shares during the last quarter. Financial Management Professionals Inc. bought a new stake in VanEck Semiconductor ETF in the 3rd quarter worth about $28,000. Darwin Wealth Management LLC purchased a new position in VanEck Semiconductor ETF in the 3rd quarter worth about $29,000. Finally, Pathway Financial Advisers LLC raised its position in VanEck Semiconductor ETF by 194.2% in the 3rd quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock worth $38,000 after buying an additional 101 shares during the last quarter.

VanEck Semiconductor ETF Stock Down 0.6 %

Shares of NASDAQ SMH opened at $243.62 on Friday. The firm’s 50-day moving average price is $248.33 and its 200-day moving average price is $244.70. VanEck Semiconductor ETF has a 52-week low of $184.15 and a 52-week high of $283.07. The company has a market cap of $24.12 billion, a PE ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were issued a $1.0713 dividend. 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.