Merit Financial Group LLC Grows Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Merit Financial Group LLC lifted its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 195.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 46,811 shares of the company’s stock after buying an additional 30,945 shares during the period. Merit Financial Group LLC’s holdings in VanEck Semiconductor ETF were worth $11,336,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of SMH. StoneCrest Wealth Management Inc. grew its holdings in VanEck Semiconductor ETF by 4.1% in the fourth quarter. StoneCrest Wealth Management Inc. now owns 23,059 shares of the company’s stock worth $5,584,000 after purchasing an additional 898 shares during the last quarter. Carnegie Investment Counsel boosted its position in shares of VanEck Semiconductor ETF by 15.9% in the 4th quarter. Carnegie Investment Counsel now owns 2,600 shares of the company’s stock worth $630,000 after purchasing an additional 357 shares in the last quarter. Mason & Associates Inc boosted its position in shares of VanEck Semiconductor ETF by 15.3% in the 4th quarter. Mason & Associates Inc now owns 54,849 shares of the company’s stock worth $13,283,000 after purchasing an additional 7,275 shares in the last quarter. MPS Loria Financial Planners LLC grew its stake in VanEck Semiconductor ETF by 18.0% during the 4th quarter. MPS Loria Financial Planners LLC now owns 2,721 shares of the company’s stock worth $659,000 after buying an additional 416 shares during the last quarter. Finally, Armstrong Advisory Group Inc. increased its position in VanEck Semiconductor ETF by 40.8% during the 4th quarter. Armstrong Advisory Group Inc. now owns 901 shares of the company’s stock valued at $218,000 after buying an additional 261 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $258.25 on Friday. The stock has a market cap of $24.36 billion, a PE ratio of 18.82 and a beta of 1.35. The stock has a 50-day moving average of $247.14 and a two-hundred day moving average of $246.12. VanEck Semiconductor ETF has a one year low of $177.40 and a one year high of $283.07.

VanEck Semiconductor ETF Dividend Announcement

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