Apexium Financial LP Has $8.53 Million Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Apexium Financial LP raised its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 18.5% in the fourth quarter, Holdings Channel reports. The fund owned 35,222 shares of the company’s stock after acquiring an additional 5,497 shares during the period. VanEck Semiconductor ETF comprises approximately 0.5% of Apexium Financial LP’s holdings, making the stock its 27th biggest position. Apexium Financial LP’s holdings in VanEck Semiconductor ETF were worth $8,530,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in SMH. Healthcare of Ontario Pension Plan Trust Fund increased its holdings 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 valued at $423,377,000 after purchasing an additional 514,000 shares in the last quarter. JPMorgan Chase & Co. increased its stake 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 buying an additional 424,042 shares in the last quarter. Main Management ETF Advisors LLC raised its holdings in shares of VanEck Semiconductor ETF by 36.7% in the third quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock valued at $231,415,000 after buying an additional 253,300 shares during the last quarter. Meitav Investment House Ltd. lifted its position in VanEck Semiconductor ETF by 56.9% during the 3rd quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock worth $147,260,000 after buying an additional 217,702 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. grew its holdings in VanEck Semiconductor ETF by 144.3% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock worth $83,114,000 after acquiring an additional 202,744 shares during the last quarter.

VanEck Semiconductor ETF Trading Down 2.0 %

Shares of NASDAQ SMH opened at $261.53 on Monday. The company has a 50-day moving average of $248.62 and a two-hundred day moving average of $245.69. VanEck Semiconductor ETF has a 1-year low of $184.15 and a 1-year high of $283.07. The company has a market cap of $25.17 billion, a PE ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

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