Maripau Wealth Management LLC Takes $473,000 Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Maripau Wealth Management LLC purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 1,954 shares of the company’s stock, valued at approximately $473,000.

Several other large investors have also modified their holdings of the business. LPL Financial LLC lifted its stake in shares of VanEck Semiconductor ETF by 7.0% in the 3rd quarter. LPL Financial LLC now owns 1,743,333 shares of the company’s stock valued at $427,901,000 after purchasing an additional 113,705 shares during the last quarter. JPMorgan Chase & Co. raised its holdings 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 valued at $319,983,000 after buying an additional 424,042 shares during the period. Main Management ETF Advisors LLC raised its holdings 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 valued at $231,415,000 after buying an additional 253,300 shares during the period. Meitav Investment House Ltd. raised its holdings in shares of VanEck Semiconductor ETF by 4.1% in the 4th quarter. Meitav Investment House Ltd. now owns 624,975 shares of the company’s stock valued at $151,269,000 after buying an additional 24,516 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. raised its holdings 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 valued at $83,114,000 after buying an additional 202,744 shares during the period.

VanEck Semiconductor ETF Trading Up 1.7 %

SMH stock opened at $232.65 on Friday. The company has a market capitalization of $22.03 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 12-month low of $198.44 and a 12-month high of $283.07. The business’s fifty day moving average price is $248.99 and its 200 day moving average price is $246.01.

VanEck Semiconductor ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were issued a $1.0713 dividend. 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.