Canvas Wealth Advisors LLC Acquires 266 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Canvas Wealth Advisors LLC lifted its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 23.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,379 shares of the company’s stock after acquiring an additional 266 shares during the period. Canvas Wealth Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $334,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SMH. LPL Financial LLC boosted its holdings in shares of VanEck Semiconductor ETF by 7.0% during 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. boosted its stake in VanEck Semiconductor ETF by 48.2% during the third 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 last quarter. Main Management ETF Advisors LLC grew its holdings in VanEck Semiconductor ETF by 36.7% during 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 in the last quarter. Meitav Investment House Ltd. increased its stake in 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. Finally, Harel Insurance Investments & Financial Services Ltd. raised its holdings in shares of VanEck Semiconductor ETF by 144.3% during 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 in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $245.00 on Monday. The stock has a market capitalization of $23.20 billion, a PE ratio of 18.82 and a beta of 1.35. The company’s fifty day moving average is $248.67 and its 200 day moving average is $244.15. VanEck Semiconductor ETF has a fifty-two week low of $193.72 and a fifty-two week high of $283.07.

VanEck Semiconductor ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were given a dividend of $1.0713 per share. The ex-dividend date of this dividend 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.