Spire Wealth Management Grows Stake in VanEck Semiconductor ETF $SMH

Spire Wealth Management increased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 12.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 16,752 shares of the company’s stock after purchasing an additional 1,880 shares during the quarter. Spire Wealth Management’s holdings in VanEck Semiconductor ETF were worth $5,467,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. Global Financial Private Client LLC increased its position in shares of VanEck Semiconductor ETF by 0.8% in the third quarter. Global Financial Private Client LLC now owns 3,947 shares of the company’s stock valued at $1,288,000 after buying an additional 32 shares in the last quarter. Abound Wealth Management grew its stake in VanEck Semiconductor ETF by 4.2% in the 3rd quarter. Abound Wealth Management now owns 848 shares of the company’s stock valued at $277,000 after acquiring an additional 34 shares during the last quarter. Smithfield Trust Co increased its holdings in VanEck Semiconductor ETF by 16.6% during the 2nd quarter. Smithfield Trust Co now owns 253 shares of the company’s stock valued at $71,000 after acquiring an additional 36 shares in the last quarter. Hall Capital Management Co. Inc. increased its holdings in VanEck Semiconductor ETF by 0.3% during the 2nd quarter. Hall Capital Management Co. Inc. now owns 12,867 shares of the company’s stock valued at $3,588,000 after acquiring an additional 37 shares in the last quarter. Finally, Realta Investment Advisors raised its position in VanEck Semiconductor ETF by 84.4% during the third quarter. Realta Investment Advisors now owns 83 shares of the company’s stock worth $27,000 after acquiring an additional 38 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $385.02 on Thursday. The firm’s 50-day moving average is $356.51 and its two-hundred day moving average is $323.19. The company has a market capitalization of $39.85 billion, a PE ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 12-month low of $170.11 and a 12-month high of $389.36.

VanEck Semiconductor ETF Dividend Announcement

The business also recently announced an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were issued a dividend of $1.1047 per share. This represents a yield of 31.0%. The ex-dividend date was Monday, December 22nd.

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.