Endowment Wealth Management Inc. Purchases 322 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Endowment Wealth Management Inc. raised its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 36.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,212 shares of the company’s stock after acquiring an additional 322 shares during the quarter. Endowment Wealth Management Inc.’s holdings in VanEck Semiconductor ETF were worth $294,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Hartford Financial Management Inc. boosted its stake 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 in the last quarter. Mather Group LLC. raised 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 during the period. Ethos Financial Group LLC bought a new stake in shares of VanEck Semiconductor ETF during the 4th quarter valued at $28,000. Darwin Wealth Management LLC purchased a new position in VanEck Semiconductor ETF during the third quarter valued at $29,000. Finally, Hemington Wealth Management raised its stake in VanEck Semiconductor ETF by 50.6% during the fourth 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 Stock Performance

VanEck Semiconductor ETF stock opened at $214.53 on Tuesday. 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 $20.31 billion, a PE ratio of 33.13 and a beta of 1.35. The company has a 50 day moving average price of $245.81 and a 200-day moving average price of $245.10.

VanEck Semiconductor ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were given a dividend of $1.0713 per share. The ex-dividend date 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.