MADDEN SECURITIES Corp Buys New Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

MADDEN SECURITIES Corp purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 2,055 shares of the company’s stock, valued at approximately $498,000.

Several other hedge funds also recently added to or reduced their stakes in SMH. Hartford Financial Management Inc. grew its holdings in VanEck Semiconductor ETF by 61.9% during the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after purchasing an additional 39 shares in the last quarter. Mather Group LLC. boosted its position in VanEck Semiconductor ETF by 320.0% in the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after buying an additional 80 shares during the last quarter. Financial Management Professionals Inc. purchased a new stake in shares of VanEck Semiconductor ETF during the third quarter worth about $28,000. Darwin Wealth Management LLC acquired a new position in shares of VanEck Semiconductor ETF in the third quarter worth about $29,000. Finally, Pathway Financial Advisers LLC boosted its holdings in VanEck Semiconductor ETF by 194.2% in the third 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 last quarter.

VanEck Semiconductor ETF Stock Up 1.9 %

Shares of NASDAQ SMH opened at $249.62 on Tuesday. The business has a 50 day moving average price of $248.67 and a two-hundred day moving average price of $244.18. VanEck Semiconductor ETF has a fifty-two week low of $193.72 and a fifty-two week high of $283.07. The firm has a market cap of $23.64 billion, a PE ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were paid a $1.0713 dividend. 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.