US Bancorp DE Sells 334 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

US Bancorp DE cut its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 6.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,567 shares of the company’s stock after selling 334 shares during the period. US Bancorp DE’s holdings in VanEck Semiconductor ETF were worth $1,106,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Hartford Financial Management Inc. increased its holdings in VanEck Semiconductor ETF by 61.9% during the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after buying an additional 39 shares during the last quarter. Prime Capital Investment Advisors LLC grew its position in shares of VanEck Semiconductor ETF by 4.3% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 1,011 shares of the company’s stock valued at $248,000 after acquiring an additional 42 shares during the period. Hemington Wealth Management increased its stake in shares of VanEck Semiconductor ETF by 50.6% in the 4th quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after purchasing an additional 44 shares in the last quarter. Smith Anglin Financial LLC raised its holdings in VanEck Semiconductor ETF by 1.3% in the 4th quarter. Smith Anglin Financial LLC now owns 3,545 shares of the company’s stock worth $859,000 after purchasing an additional 45 shares during the period. Finally, Private Trust Co. NA lifted its position in VanEck Semiconductor ETF by 0.9% during the third quarter. Private Trust Co. NA now owns 4,890 shares of the company’s stock valued at $1,200,000 after purchasing an additional 46 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

NASDAQ:SMH opened at $225.09 on Monday. The stock has a 50-day simple moving average of $246.42 and a two-hundred day simple moving average of $245.30. The firm has a market capitalization of $21.31 billion, a PE ratio of 33.13 and a beta of 1.35. VanEck Semiconductor ETF has a 52-week low of $198.44 and a 52-week high of $283.07.

VanEck Semiconductor ETF Announces Dividend

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