VanEck Semiconductor ETF (NASDAQ:SMH) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 48.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,303,657 shares of the company’s stock after purchasing an additional 424,042 shares during the quarter. JPMorgan Chase & Co. owned approximately 1.32% of VanEck Semiconductor ETF worth $319,983,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of SMH. Mendota Financial Group LLC acquired a new position in shares of VanEck Semiconductor ETF during the third quarter worth $25,000. Chilton Capital Management LLC acquired a new position in shares of VanEck Semiconductor ETF during the 2nd quarter worth about $26,000. Financial Management Professionals Inc. acquired a new position in shares of VanEck Semiconductor ETF during the 3rd quarter worth about $28,000. TD Capital Management LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter worth about $29,000. Finally, Darwin Wealth Management LLC purchased a new stake in VanEck Semiconductor ETF during the third quarter worth approximately $29,000.

VanEck Semiconductor ETF Stock Down 1.0 %

Shares of SMH opened at $248.40 on Monday. VanEck Semiconductor ETF has a 52-week low of $163.97 and a 52-week high of $283.07. The stock has a 50 day moving average price of $247.64 and a 200 day moving average price of $247.53. The company has a market capitalization of $24.61 billion, a price-to-earnings 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. Investors of record on Monday, December 23rd were given a $1.0713 dividend. 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.