Mount Yale Investment Advisors LLC Takes Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Mount Yale Investment Advisors LLC acquired a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 931 shares of the company’s stock, valued at approximately $225,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SMH. Mendota Financial Group LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter worth approximately $25,000. Financial Management Professionals Inc. acquired a new stake in VanEck Semiconductor ETF during the 3rd quarter valued at $28,000. Darwin Wealth Management LLC purchased a new position in VanEck Semiconductor ETF during the third quarter worth $29,000. Pathway Financial Advisers LLC lifted its holdings in VanEck Semiconductor ETF by 194.2% in the 3rd quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock valued at $38,000 after purchasing an additional 101 shares in the last quarter. Finally, Fifth Third Bancorp boosted its position in VanEck Semiconductor ETF by 80.2% during the fourth quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock worth $38,000 after acquiring an additional 69 shares during the last quarter.

VanEck Semiconductor ETF Stock Down 0.4 %

SMH stock opened at $239.53 on Thursday. The stock has a market capitalization of $23.71 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52-week low of $184.15 and a 52-week high of $283.07. The stock’s fifty day simple moving average is $248.43 and its 200-day simple moving average is $244.95.

VanEck Semiconductor ETF Announces Dividend

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