MGO Private Wealth LLC Buys New Position in VanEck Semiconductor ETF (NASDAQ:SMH)

MGO Private Wealth LLC bought a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 894 shares of the company’s stock, valued at approximately $216,000.

Several other institutional investors and hedge funds also recently made changes to their positions in SMH. FMR LLC raised its stake in shares of VanEck Semiconductor ETF by 7.2% in the third quarter. FMR LLC now owns 19,264 shares of the company’s stock worth $4,728,000 after purchasing an additional 1,297 shares during the last quarter. Savant Capital LLC purchased a new stake in shares of VanEck Semiconductor ETF in the fourth quarter worth approximately $403,000. JPMorgan Chase & Co. raised its stake in shares of VanEck Semiconductor ETF by 48.2% in the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock worth $319,983,000 after purchasing an additional 424,042 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of VanEck Semiconductor ETF by 180.0% in the fourth quarter. GAMMA Investing LLC now owns 350 shares of the company’s stock worth $85,000 after purchasing an additional 225 shares during the last quarter. Finally, Apollon Financial LLC raised its stake in shares of VanEck Semiconductor ETF by 73.3% in the fourth quarter. Apollon Financial LLC now owns 2,094 shares of the company’s stock worth $507,000 after purchasing an additional 886 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 2.9 %

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

VanEck Semiconductor ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were given a dividend of $1.0713 per share. 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.