Stelac Advisory Services LLC Acquires 390 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Stelac Advisory Services LLC increased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 39.0% during the 4th quarter, Holdings Channel reports. The firm owned 1,390 shares of the company’s stock after acquiring an additional 390 shares during the period. Stelac Advisory Services LLC’s holdings in VanEck Semiconductor ETF were worth $337,000 at the end of the most recent reporting period.

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

VanEck Semiconductor ETF Trading Up 2.9 %

Shares of NASDAQ SMH opened at $220.52 on Thursday. The firm’s 50-day moving average price is $244.82 and its 200-day moving average price is $244.69. The stock has a market capitalization of $20.88 billion, a price-to-earnings ratio of 33.13 and a beta of 1.35. VanEck Semiconductor ETF has a 12-month low of $198.44 and a 12-month high of $283.07.

VanEck Semiconductor ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were issued a dividend of $1.0713 per share. The ex-dividend date 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.