VanEck Semiconductor ETF (NASDAQ:SMH) Stake Lifted by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC increased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 1.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 23,045 shares of the company’s stock after buying an additional 305 shares during the quarter. Kingsview Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $5,581,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in SMH. JPMorgan Chase & Co. boosted its stake in shares of 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 acquiring an additional 424,042 shares in the last quarter. Main Management ETF Advisors LLC boosted its position in shares of VanEck Semiconductor ETF by 36.7% in the 3rd quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock valued at $231,415,000 after purchasing an additional 253,300 shares during the period. Meitav Investment House Ltd. increased its stake in VanEck Semiconductor ETF by 56.9% in the 3rd quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock worth $147,260,000 after purchasing an additional 217,702 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its stake in VanEck Semiconductor ETF by 144.3% in 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 in the last quarter. Finally, Bank of Montreal Can raised its holdings 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 buying an additional 134,760 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of SMH opened at $245.00 on Friday. VanEck Semiconductor ETF has a one year low of $193.72 and a one year high of $283.07. The company has a 50-day moving average of $248.67 and a two-hundred day moving average of $244.23. The stock has a market cap of $23.20 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

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