FourThought Financial Partners LLC Takes Position in VanEck Semiconductor ETF (NASDAQ:SMH)

FourThought Financial Partners LLC acquired a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 1,787 shares of the company’s stock, valued at approximately $433,000.

Several other institutional investors also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC purchased a new position in shares of VanEck Semiconductor ETF in the third quarter worth $418,000. Allworth Financial LP raised its holdings in shares of VanEck Semiconductor ETF by 5.1% during the third quarter. Allworth Financial LP now owns 892 shares of the company’s stock worth $219,000 after purchasing an additional 43 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in VanEck Semiconductor ETF by 13.0% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 23,616 shares of the company’s stock valued at $5,797,000 after buying an additional 2,725 shares in the last quarter. Gateway Wealth Partners LLC increased its holdings in VanEck Semiconductor ETF by 3.0% in the third quarter. Gateway Wealth Partners LLC now owns 3,286 shares of the company’s stock valued at $807,000 after buying an additional 95 shares in the last quarter. Finally, Diversify Advisory Services LLC increased its holdings in VanEck Semiconductor ETF by 81.1% in the third quarter. Diversify Advisory Services LLC now owns 7,499 shares of the company’s stock valued at $1,887,000 after buying an additional 3,359 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

SMH opened at $238.25 on Wednesday. The stock has a market capitalization of $22.56 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The company has a fifty day moving average of $249.36 and a two-hundred day moving average of $246.11. VanEck Semiconductor ETF has a fifty-two week low of $198.44 and a fifty-two week high of $283.07.

VanEck Semiconductor ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were paid a dividend of $1.0713 per share. 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.