Commonwealth Equity Services LLC Acquires 11,699 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Commonwealth Equity Services LLC boosted its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 4.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 254,098 shares of the company’s stock after purchasing an additional 11,699 shares during the period. Commonwealth Equity Services LLC owned about 0.27% of VanEck Semiconductor ETF worth $61,535,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of SMH. LPL Financial LLC grew its position in shares of VanEck Semiconductor ETF by 7.0% in the 3rd quarter. LPL Financial LLC now owns 1,743,333 shares of the company’s stock valued at $427,901,000 after acquiring an additional 113,705 shares during the period. JPMorgan Chase & Co. grew its holdings in VanEck Semiconductor ETF by 48.2% during the third 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 increased its position in VanEck Semiconductor ETF by 36.7% during the third quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock worth $231,415,000 after buying an additional 253,300 shares during the last quarter. Meitav Investment House Ltd. raised its stake in VanEck Semiconductor ETF by 4.1% in the fourth quarter. Meitav Investment House Ltd. now owns 624,975 shares of the company’s stock valued at $151,269,000 after buying an additional 24,516 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of VanEck Semiconductor ETF in the fourth quarter valued at approximately $144,385,000.

VanEck Semiconductor ETF Trading Down 0.4 %

Shares of NASDAQ SMH opened at $219.55 on Friday. The company has a market capitalization of $20.79 billion, a P/E ratio of 33.13 and a beta of 1.35. VanEck Semiconductor ETF has a 12 month low of $198.44 and a 12 month high of $283.07. The stock has a 50 day moving average of $244.32 and a 200-day moving average of $244.52.

VanEck Semiconductor ETF Announces Dividend

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.

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.