Tamar Securities LLC Buys 778 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Tamar Securities LLC grew its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 2.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,209 shares of the company’s stock after purchasing an additional 778 shares during the quarter. Tamar Securities LLC’s holdings in VanEck Semiconductor ETF were worth $6,589,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SMH. Foundations Investment Advisors LLC grew its position in VanEck Semiconductor ETF by 20.8% during the 4th quarter. Foundations Investment Advisors LLC now owns 190,825 shares of the company’s stock valued at $46,212,000 after purchasing an additional 32,842 shares during the last quarter. Mount Yale Investment Advisors LLC bought a new position in shares of VanEck Semiconductor ETF in the 4th quarter worth approximately $225,000. United Asset Strategies Inc. lifted its stake in shares of VanEck Semiconductor ETF by 4.7% in the 4th quarter. United Asset Strategies Inc. now owns 1,021 shares of the company’s stock worth $247,000 after purchasing an additional 46 shares during the period. Union Bancaire Privee UBP SA bought a new position in shares of VanEck Semiconductor ETF in the 4th quarter worth approximately $264,000. Finally, Apexium Financial LP lifted its stake in shares of VanEck Semiconductor ETF by 18.5% in the 4th quarter. Apexium Financial LP now owns 35,222 shares of the company’s stock worth $8,530,000 after purchasing an additional 5,497 shares during the period.

VanEck Semiconductor ETF Trading Down 9.8 %

NASDAQ SMH opened at $235.81 on Tuesday. VanEck Semiconductor ETF has a 12 month low of $184.15 and a 12 month high of $283.07. The stock has a market cap of $22.69 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The company’s 50 day moving average is $248.62 and its two-hundred day moving average is $245.44.

VanEck Semiconductor ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were paid a dividend of $1.0713 per share. The ex-dividend date 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.