VanEck Semiconductor ETF (NASDAQ:SMH) Shares Acquired by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. lifted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 140.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 264 shares of the company’s stock after buying an additional 154 shares during the period. Cullen Frost Bankers Inc.’s holdings in VanEck Semiconductor ETF were worth $64,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in SMH. JPMorgan Chase & Co. boosted its position in VanEck Semiconductor ETF by 48.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock worth $319,983,000 after purchasing an additional 424,042 shares during the period. Main Management ETF Advisors LLC boosted its position in VanEck Semiconductor ETF by 36.7% during the 3rd quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock worth $231,415,000 after purchasing an additional 253,300 shares during the period. Harel Insurance Investments & Financial Services Ltd. boosted its position in VanEck Semiconductor ETF by 144.3% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock worth $83,114,000 after purchasing an additional 202,744 shares during the period. Bank of Montreal Can boosted its position in VanEck Semiconductor ETF by 69.4% during the 3rd quarter. Bank of Montreal Can now owns 328,820 shares of the company’s stock worth $81,462,000 after purchasing an additional 134,760 shares during the period. Finally, LPL Financial LLC boosted its position in VanEck Semiconductor ETF by 7.0% during the 3rd quarter. LPL Financial LLC now owns 1,743,333 shares of the company’s stock worth $427,901,000 after purchasing an additional 113,705 shares during the period.

VanEck Semiconductor ETF Trading Up 2.4 %

Shares of VanEck Semiconductor ETF stock opened at $225.09 on Monday. The company has a fifty day moving average price of $246.42 and a 200 day moving average price of $245.30. VanEck Semiconductor ETF has a twelve month low of $198.44 and a twelve month high of $283.07. The stock has a market cap of $21.31 billion, a price-to-earnings ratio of 33.13 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were given a $1.0713 dividend. 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.