VanEck Semiconductor ETF (NASDAQ:SMH) Shares Sold by IAM Advisory LLC

IAM Advisory LLC lessened its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 1.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 29,713 shares of the company’s stock after selling 476 shares during the period. VanEck Semiconductor ETF comprises approximately 1.8% of IAM Advisory LLC’s portfolio, making the stock its 11th largest position. IAM Advisory LLC’s holdings in VanEck Semiconductor ETF were worth $7,196,000 at the end of the most recent reporting period.

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

VanEck Semiconductor ETF Stock Up 2.4 %

Shares of VanEck Semiconductor ETF stock opened at $258.25 on Friday. VanEck Semiconductor ETF has a 52-week low of $177.40 and a 52-week high of $283.07. The company has a market capitalization of $24.36 billion, a P/E ratio of 18.82 and a beta of 1.35. The company has a 50 day moving average of $247.11 and a 200 day moving average of $246.10.

VanEck Semiconductor ETF Dividend Announcement

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.

VanEck Semiconductor ETF 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.