Principle Wealth Partners LLC Purchases 1,208 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Principle Wealth Partners LLC raised its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 2.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 61,832 shares of the company’s stock after purchasing an additional 1,208 shares during the period. VanEck Semiconductor ETF accounts for 1.1% of Principle Wealth Partners LLC’s investment portfolio, making the stock its 23rd biggest position. Principle Wealth Partners LLC’s holdings in VanEck Semiconductor ETF were worth $14,974,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of SMH. AQR Capital Management LLC purchased a new position in shares of VanEck Semiconductor ETF during the second quarter worth about $488,000. CWM LLC lifted its position in VanEck Semiconductor ETF by 8.9% during the third quarter. CWM LLC now owns 7,790 shares of the company’s stock valued at $1,912,000 after purchasing an additional 634 shares during the last quarter. Annex Advisory Services LLC grew its stake in VanEck Semiconductor ETF by 3.3% in the 3rd quarter. Annex Advisory Services LLC now owns 2,295 shares of the company’s stock worth $563,000 after buying an additional 73 shares in the last quarter. Carnegie Investment Counsel increased its holdings in shares of VanEck Semiconductor ETF by 20.4% in the 3rd quarter. Carnegie Investment Counsel now owns 2,243 shares of the company’s stock worth $551,000 after buying an additional 380 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. purchased a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter valued at $226,000.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $249.62 on Tuesday. The company has a market capitalization of $23.64 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52-week low of $193.72 and a 52-week high of $283.07. The company has a fifty day moving average of $248.67 and a 200-day moving average of $244.18.

VanEck Semiconductor ETF Announces Dividend

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