Modus Advisors LLC Purchases Shares of 660 VanEck Semiconductor ETF (NASDAQ:SMH)

Modus Advisors LLC purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 660 shares of the company’s stock, valued at approximately $160,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp raised its holdings in shares of VanEck Semiconductor ETF by 871.8% during the second quarter. Bank of New York Mellon Corp now owns 23,439 shares of the company’s stock valued at $6,111,000 after acquiring an additional 21,027 shares during the last quarter. Aptus Capital Advisors LLC lifted its position in VanEck Semiconductor ETF by 69.6% during the second quarter. Aptus Capital Advisors LLC now owns 724 shares of the company’s stock worth $189,000 after buying an additional 297 shares in the last quarter. Larson Financial Group LLC grew its holdings in VanEck Semiconductor ETF by 27.4% in the 2nd quarter. Larson Financial Group LLC now owns 1,675 shares of the company’s stock valued at $437,000 after buying an additional 360 shares in the last quarter. Lowery Thomas LLC grew its position in VanEck Semiconductor ETF by 7.6% in the second quarter. Lowery Thomas LLC now owns 17,287 shares of the company’s stock worth $4,507,000 after acquiring an additional 1,216 shares during the period. Finally, Beaumont Asset Management L.L.C. grew its holdings in shares of VanEck Semiconductor ETF by 1.3% during the 2nd quarter. Beaumont Asset Management L.L.C. now owns 4,734 shares of the company’s stock worth $1,234,000 after purchasing an additional 60 shares during the period.

VanEck Semiconductor ETF Trading Up 1.4 %

SMH traded up $3.51 on Friday, hitting $248.30. 1,440,016 shares of the company were exchanged, compared to its average volume of 2,839,306. The firm has a 50-day moving average price of $247.15 and a two-hundred day moving average price of $247.16. The company has a market cap of $24.60 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a twelve month low of $163.97 and a twelve 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 paid 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.