Ignite Planners LLC Trims Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

Ignite Planners LLC lessened its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 10.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,561 shares of the company’s stock after selling 673 shares during the quarter. Ignite Planners LLC’s holdings in VanEck Semiconductor ETF were worth $1,401,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Healthcare of Ontario Pension Plan Trust Fund grew its position in VanEck Semiconductor ETF by 46.3% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,624,000 shares of the company’s stock worth $423,377,000 after purchasing an additional 514,000 shares during the last quarter. JPMorgan Chase & Co. raised its stake in VanEck Semiconductor ETF by 48.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after acquiring an additional 424,042 shares during the last quarter. Main Management ETF Advisors LLC lifted its position in VanEck Semiconductor ETF by 36.7% during the 3rd quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock worth $231,415,000 after acquiring an additional 253,300 shares during the period. Meitav Investment House Ltd. grew its stake in shares of VanEck Semiconductor ETF by 56.9% in the 3rd 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. Finally, Bank of Montreal Can increased its holdings in shares of 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 period.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $244.64 on Tuesday. The stock has a fifty day moving average price of $247.44 and a 200 day moving average price of $246.15. VanEck Semiconductor ETF has a 1-year low of $171.49 and a 1-year high of $283.07. The company has a market cap of $23.80 billion, a PE ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

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