TruWealth Advisors LLC Raises Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

TruWealth Advisors LLC increased its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 2.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 100,319 shares of the company’s stock after buying an additional 2,797 shares during the period. VanEck Semiconductor ETF accounts for about 1.5% of TruWealth Advisors LLC’s portfolio, making the stock its 21st largest position. TruWealth Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $24,294,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Nvwm LLC grew its position in shares of VanEck Semiconductor ETF by 2.2% during the 3rd quarter. Nvwm LLC now owns 1,867 shares of the company’s stock worth $458,000 after buying an additional 41 shares in the last quarter. Prime Capital Investment Advisors LLC lifted its stake in VanEck Semiconductor ETF by 4.3% in the third quarter. Prime Capital Investment Advisors LLC now owns 1,011 shares of the company’s stock worth $248,000 after acquiring an additional 42 shares during the period. Allworth Financial LP grew its holdings in VanEck Semiconductor ETF by 5.1% during the 3rd quarter. Allworth Financial LP now owns 892 shares of the company’s stock worth $219,000 after acquiring an additional 43 shares in the last quarter. Clarity Capital Partners LLC increased its position in VanEck Semiconductor ETF by 2.8% during the 3rd quarter. Clarity Capital Partners LLC now owns 1,590 shares of the company’s stock valued at $390,000 after purchasing an additional 44 shares during the period. Finally, Smith Anglin Financial LLC raised its holdings in shares of VanEck Semiconductor ETF by 1.3% in the 4th quarter. Smith Anglin Financial LLC now owns 3,545 shares of the company’s stock valued at $859,000 after purchasing an additional 45 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $258.25 on Friday. The company has a 50 day moving average price of $247.11 and a 200-day moving average price of $246.10. VanEck Semiconductor ETF has a fifty-two week low of $177.40 and a fifty-two week high of $283.07. The stock has a market capitalization of $24.36 billion, a PE ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were issued a dividend of $1.0713 per share. The ex-dividend date 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.