VanEck Semiconductor ETF (NASDAQ:SMH) Shares Sold by Focus Financial Network Inc.

Focus Financial Network Inc. lowered its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 10.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,131 shares of the company’s stock after selling 261 shares during the period. Focus Financial Network Inc.’s holdings in VanEck Semiconductor ETF were worth $516,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Hartford Financial Management Inc. grew its stake 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 acquiring an additional 39 shares in the last quarter. Mather Group LLC. increased its holdings in VanEck Semiconductor ETF by 320.0% in the fourth quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after buying an additional 80 shares during the last quarter. Financial Management Professionals Inc. acquired a new position in VanEck Semiconductor ETF in the third quarter worth approximately $28,000. Darwin Wealth Management LLC acquired a new position in VanEck Semiconductor ETF in the third quarter worth approximately $29,000. Finally, Pathway Financial Advisers LLC increased 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 worth $38,000 after buying an additional 101 shares during the last quarter.

VanEck Semiconductor ETF Stock Up 1.4 %

Shares of SMH stock opened at $251.92 on Friday. VanEck Semiconductor ETF has a 12 month low of $193.72 and a 12 month high of $283.07. The business’s 50 day moving average is $248.65 and its two-hundred day moving average is $244.36. The company has a market cap of $23.85 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. Shareholders of record on Monday, December 23rd were issued a dividend of $1.0713 per share. The ex-dividend date was Monday, December 23rd.

About VanEck Semiconductor ETF

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.