Sigma Planning Corp Has $6.19 Million Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Sigma Planning Corp raised its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 2.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 25,553 shares of the company’s stock after buying an additional 696 shares during the period. Sigma Planning Corp’s holdings in VanEck Semiconductor ETF were worth $6,188,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of SMH. Hartford Financial Management Inc. grew its stake in shares of VanEck Semiconductor ETF by 61.9% in the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after acquiring an additional 39 shares in the last quarter. Mather Group LLC. lifted its holdings in shares of VanEck Semiconductor ETF by 320.0% in the fourth quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after acquiring an additional 80 shares during the last quarter. Financial Management Professionals Inc. bought a new position in shares of VanEck Semiconductor ETF in the third quarter worth about $28,000. Darwin Wealth Management LLC bought a new position in shares of VanEck Semiconductor ETF in the third quarter worth about $29,000. Finally, Hemington Wealth Management lifted its holdings in shares of VanEck Semiconductor ETF by 50.6% in the fourth quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after acquiring an additional 44 shares during the last quarter.

VanEck Semiconductor ETF Trading Down 3.0 %

SMH stock opened at $249.96 on Friday. The stock has a market capitalization of $23.67 billion, a P/E ratio of 18.82 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 firm has a 50-day moving average price of $249.79 and a 200-day moving average price of $245.45.

VanEck Semiconductor ETF Dividend Announcement

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