Smith Anglin Financial LLC Has $859,000 Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Smith Anglin Financial LLC boosted its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 1.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,545 shares of the company’s stock after acquiring an additional 45 shares during the quarter. Smith Anglin Financial LLC’s holdings in VanEck Semiconductor ETF were worth $859,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its holdings in shares of VanEck Semiconductor ETF by 38.6% during the second quarter. Envestnet Asset Management Inc. now owns 387,637 shares of the company’s stock worth $101,057,000 after buying an additional 107,902 shares during the last quarter. Total Clarity Wealth Management Inc. grew its position in VanEck Semiconductor ETF by 17.7% in the 2nd quarter. Total Clarity Wealth Management Inc. now owns 1,822 shares of the company’s stock worth $475,000 after purchasing an additional 274 shares during the last quarter. Moors & Cabot Inc. increased its holdings in shares of VanEck Semiconductor ETF by 7.1% during the 2nd quarter. Moors & Cabot Inc. now owns 2,073 shares of the company’s stock worth $540,000 after purchasing an additional 138 shares during the period. Perennial Investment Advisors LLC lifted its stake in shares of VanEck Semiconductor ETF by 138.8% in the second quarter. Perennial Investment Advisors LLC now owns 2,749 shares of the company’s stock valued at $717,000 after buying an additional 1,598 shares during the period. Finally, Axxcess Wealth Management LLC increased its stake in VanEck Semiconductor ETF by 54.2% during the second quarter. Axxcess Wealth Management LLC now owns 2,570 shares of the company’s stock valued at $670,000 after acquiring an additional 903 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock opened at $249.66 on Wednesday. VanEck Semiconductor ETF has a 52-week low of $171.49 and a 52-week high of $283.07. The firm has a fifty day moving average of $247.38 and a 200-day moving average of $246.04. The stock has a market cap of $24.29 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Stockholders 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 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.