Moss Adams Wealth Advisors LLC Purchases 2,611 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Moss Adams Wealth Advisors LLC grew its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 1.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 162,593 shares of the company’s stock after purchasing an additional 2,611 shares during the period. VanEck Semiconductor ETF makes up approximately 4.2% of Moss Adams Wealth Advisors LLC’s investment portfolio, making the stock its 9th largest holding. Moss Adams Wealth Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $39,375,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of SMH. WealthBridge Investment Counsel Inc. lifted its position in shares of VanEck Semiconductor ETF by 18.0% in the fourth quarter. WealthBridge Investment Counsel Inc. now owns 3,940 shares of the company’s stock worth $954,000 after purchasing an additional 600 shares in the last quarter. Kera Capital Partners Inc. bought a new stake in VanEck Semiconductor ETF during the 4th quarter worth about $673,000. TCP Asset Management LLC boosted its stake in shares of VanEck Semiconductor ETF by 3.1% during the 4th quarter. TCP Asset Management LLC now owns 32,718 shares of the company’s stock worth $7,923,000 after buying an additional 979 shares during the last quarter. TruWealth Advisors LLC grew its holdings in shares of VanEck Semiconductor ETF by 2.9% in the 4th quarter. TruWealth Advisors LLC now owns 100,319 shares of the company’s stock valued at $24,294,000 after acquiring an additional 2,797 shares in the last quarter. Finally, Ameritas Advisory Services LLC increased its position in shares of VanEck Semiconductor ETF by 2.9% in the fourth quarter. Ameritas Advisory Services LLC now owns 24,606 shares of the company’s stock valued at $5,959,000 after acquiring an additional 696 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

SMH opened at $258.25 on Friday. The business’s 50-day simple moving average is $247.11 and its 200 day simple moving average is $246.10. VanEck Semiconductor ETF has a 52-week low of $177.40 and a 52-week high of $283.07. The firm has a market capitalization of $24.36 billion, a PE ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were issued a $1.0713 dividend. The ex-dividend date of this dividend 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.