Advyzon Investment Management LLC Makes New Investment in VanEck Semiconductor ETF (NASDAQ:SMH)

Advyzon Investment Management LLC bought a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 1,527 shares of the company’s stock, valued at approximately $370,000.

A number of other hedge funds and other institutional investors have also modified their holdings of SMH. JPMorgan Chase & Co. increased its stake in shares of VanEck Semiconductor ETF by 48.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock worth $319,983,000 after acquiring an additional 424,042 shares during the last quarter. Main Management ETF Advisors LLC increased its stake in shares of VanEck Semiconductor ETF by 36.7% in 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 last quarter. Meitav Investment House Ltd. increased 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 worth $147,260,000 after acquiring an additional 217,702 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of VanEck Semiconductor ETF by 144.3% in 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. Finally, Bank of Montreal Can increased its stake in shares of VanEck Semiconductor ETF by 69.4% in the 3rd quarter. Bank of Montreal Can now owns 328,820 shares of the company’s stock worth $81,462,000 after acquiring an additional 134,760 shares during the last quarter.

VanEck Semiconductor ETF Stock Up 0.4 %

Shares of SMH opened at $257.34 on Thursday. VanEck Semiconductor ETF has a 52-week low of $193.72 and a 52-week high of $283.07. The company has a market capitalization of $24.37 billion, a PE ratio of 18.82 and a beta of 1.35. The stock has a fifty day simple moving average of $249.49 and a two-hundred day simple moving average of $245.11.

VanEck Semiconductor ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 24th. Stockholders 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 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.