VanEck Semiconductor ETF (NASDAQ:SMH) Shares Sold by OVERSEA CHINESE BANKING Corp Ltd

OVERSEA CHINESE BANKING Corp Ltd trimmed its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 49.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,615 shares of the company’s stock after selling 7,325 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in VanEck Semiconductor ETF were worth $1,844,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of SMH. Hartford Financial Management Inc. increased its stake in shares of VanEck Semiconductor ETF by 61.9% during the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock worth $25,000 after purchasing an additional 39 shares in the last quarter. Mather Group LLC. increased its stake in shares of VanEck Semiconductor ETF by 320.0% during the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after purchasing an additional 80 shares in the last quarter. Ethos Financial Group LLC purchased a new position in shares of VanEck Semiconductor ETF during the 4th quarter worth approximately $28,000. Darwin Wealth Management LLC purchased a new position in shares of VanEck Semiconductor ETF during the 3rd quarter worth approximately $29,000. Finally, Hemington Wealth Management increased its stake in shares of VanEck Semiconductor ETF by 50.6% during the 4th quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after purchasing an additional 44 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of SMH opened at $227.41 on Thursday. The stock has a market cap of $21.53 billion, a price-to-earnings ratio of 31.46 and a beta of 1.35. VanEck Semiconductor ETF has a 1-year low of $198.44 and a 1-year high of $283.07. The firm has a 50 day simple moving average of $242.12 and a 200-day simple moving average of $244.12.

VanEck Semiconductor ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 24th. Shareholders 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.