Flputnam Investment Management Co. Invests $422,000 in VanEck Semiconductor ETF (NASDAQ:SMH)

Flputnam Investment Management Co. purchased a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 1,744 shares of the company’s stock, valued at approximately $422,000.

A number of other large investors also recently bought and sold shares of the business. Farther Finance Advisors LLC lifted its position in shares of VanEck Semiconductor ETF by 21.8% during the third quarter. Farther Finance Advisors LLC now owns 3,426 shares of the company’s stock worth $841,000 after purchasing an additional 614 shares during the last quarter. Janney Montgomery Scott LLC purchased a new position in VanEck Semiconductor ETF in the 3rd quarter worth about $18,261,000. Nvwm LLC increased its stake in VanEck Semiconductor ETF by 2.2% in the 3rd quarter. Nvwm LLC now owns 1,867 shares of the company’s stock worth $458,000 after buying an additional 41 shares during the period. KG&L Capital Management LLC lifted its holdings in VanEck Semiconductor ETF by 31.8% during the 3rd quarter. KG&L Capital Management LLC now owns 1,897 shares of the company’s stock valued at $466,000 after buying an additional 458 shares in the last quarter. Finally, Centennial Bank AR boosted its position in VanEck Semiconductor ETF by 119.8% in the 3rd quarter. Centennial Bank AR now owns 200 shares of the company’s stock valued at $49,000 after buying an additional 109 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH opened at $223.01 on Tuesday. The firm’s 50 day simple moving average is $248.47 and its 200-day simple moving average is $245.99. VanEck Semiconductor ETF has a one year low of $198.44 and a one year high of $283.07. The firm has a market cap of $20.60 billion, a PE ratio of 33.13 and a beta of 1.34.

VanEck Semiconductor ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were issued 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.