Van ECK Associates Corp Purchases 8,608 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Van ECK Associates Corp lifted its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 12,475.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,677 shares of the company’s stock after acquiring an additional 8,608 shares during the quarter. Van ECK Associates Corp’s holdings in VanEck Semiconductor ETF were worth $2,102,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in VanEck Semiconductor ETF by 48.2% in the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after purchasing an additional 424,042 shares during the last quarter. Main Management ETF Advisors LLC grew its stake in VanEck Semiconductor ETF by 36.7% in the third 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 last quarter. Meitav Investment House Ltd. grew its stake in VanEck Semiconductor ETF by 56.9% in the third quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock valued at $147,260,000 after purchasing an additional 217,702 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its stake in VanEck Semiconductor ETF by 144.3% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock valued at $83,114,000 after purchasing an additional 202,744 shares during the last quarter. Finally, Bank of Montreal Can grew its stake in VanEck Semiconductor ETF by 69.4% in the third quarter. Bank of Montreal Can now owns 328,820 shares of the company’s stock valued at $81,462,000 after purchasing an additional 134,760 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

SMH opened at $257.80 on Friday. The business’s 50-day moving average is $249.78 and its two-hundred day moving average is $245.19. VanEck Semiconductor ETF has a 1 year low of $193.72 and a 1 year high of $283.07. The firm has a market capitalization of $24.41 billion, a PE ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

The business 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.