Patten & Patten Inc. TN Sells 357 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Patten & Patten Inc. TN lowered its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 2.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,872 shares of the company’s stock after selling 357 shares during the period. Patten & Patten Inc. TN’s holdings in VanEck Semiconductor ETF were worth $4,086,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SMH. Hartford Financial Management Inc. boosted its position in shares of VanEck Semiconductor ETF by 61.9% in the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock worth $25,000 after purchasing an additional 39 shares in the last quarter. Mather Group LLC. boosted its holdings in VanEck Semiconductor ETF by 320.0% in the fourth quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after acquiring an additional 80 shares in the last quarter. Ethos Financial Group LLC purchased a new stake in shares of VanEck Semiconductor ETF in the fourth quarter worth $28,000. Darwin Wealth Management LLC bought a new position in shares of VanEck Semiconductor ETF during the third quarter valued at $29,000. Finally, Hemington Wealth Management increased its holdings in shares of VanEck Semiconductor ETF by 50.6% during the fourth quarter. Hemington Wealth Management now owns 131 shares of the company’s stock valued at $31,000 after acquiring an additional 44 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $226.57 on Friday. The stock has a market cap of $21.45 billion, a price-to-earnings ratio of 33.13 and a beta of 1.35. VanEck Semiconductor ETF has a 1 year low of $198.44 and a 1 year high of $283.07. The firm’s 50-day moving average is $243.81 and its 200 day moving average is $244.40.

VanEck Semiconductor ETF Dividend Announcement

The company 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.

About VanEck Semiconductor ETF

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.