VanEck Semiconductor ETF (NASDAQ:SMH) Shares Bought by Armstrong Advisory Group Inc.

Armstrong Advisory Group Inc. increased its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 40.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 901 shares of the company’s stock after acquiring an additional 261 shares during the period. Armstrong Advisory Group Inc.’s holdings in VanEck Semiconductor ETF were worth $218,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SMH. FMR LLC grew its position in VanEck Semiconductor ETF by 7.2% in the 3rd quarter. FMR LLC now owns 19,264 shares of the company’s stock valued at $4,728,000 after buying an additional 1,297 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of 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 acquiring an additional 424,042 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of VanEck Semiconductor ETF in the third quarter valued at approximately $418,000. CWM LLC increased its stake in shares of VanEck Semiconductor ETF by 8.9% during the third quarter. CWM LLC now owns 7,790 shares of the company’s stock valued at $1,912,000 after acquiring an additional 634 shares during the period. Finally, Sequoia Financial Advisors LLC raised its holdings in VanEck Semiconductor ETF by 21.9% during the third quarter. Sequoia Financial Advisors LLC now owns 3,027 shares of the company’s stock worth $743,000 after purchasing an additional 544 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

SMH opened at $251.21 on Thursday. VanEck Semiconductor ETF has a 1-year low of $171.49 and a 1-year high of $283.07. The company has a market capitalization of $24.44 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The business has a 50 day moving average price of $247.38 and a two-hundred day moving average price of $246.04.

VanEck Semiconductor ETF Announces Dividend

The company also recently announced 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.

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.