VanEck Semiconductor ETF (NASDAQ:SMH) Shares Bought by Advisors Management Group Inc. ADV

Posted by Trevor Kearing on Jan 16th, 2025

Advisors Management Group Inc. ADV increased its stake in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 73.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 5,697 shares of the company’s stock after buying an additional 2,408 shares during the period. Advisors Management Group Inc. ADV’s holdings in VanEck Semiconductor ETF were worth $1,380,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of SMH. Mendota Financial Group LLC acquired a new position in shares of VanEck Semiconductor ETF during the third quarter valued at $25,000. Financial Management Professionals Inc. acquired a new stake in shares of VanEck Semiconductor ETF during the third quarter worth approximately $28,000. Darwin Wealth Management LLC acquired a new stake in shares of VanEck Semiconductor ETF in the third quarter valued at approximately $29,000. Pathway Financial Advisers LLC lifted its position in VanEck Semiconductor ETF by 194.2% during 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 during the period. Finally, PSI Advisors LLC bought a new stake in shares of VanEck Semiconductor ETF in the third quarter valued at about $39,000.

VanEck Semiconductor ETF Stock Performance

SMH opened at $251.21 on Thursday. The business’s 50-day simple moving average is $247.38 and its 200 day simple moving average is $246.04. The firm has a market capitalization of $24.44 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52-week low of $171.49 and a 52-week high of $283.07.

VanEck Semiconductor ETF Announces Dividend

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

(Free Report)

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.