Lowery Thomas LLC Buys 589 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Lowery Thomas LLC lifted its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 3.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,280 shares of the company’s stock after acquiring an additional 589 shares during the period. VanEck Semiconductor ETF accounts for approximately 3.0% of Lowery Thomas LLC’s holdings, making the stock its 10th biggest position. Lowery Thomas LLC’s holdings in VanEck Semiconductor ETF were worth $4,669,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. LPL Financial LLC raised its position in VanEck Semiconductor ETF by 7.0% in the third quarter. LPL Financial LLC now owns 1,743,333 shares of the company’s stock worth $427,901,000 after acquiring an additional 113,705 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of VanEck Semiconductor ETF by 48.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock worth $319,983,000 after purchasing an additional 424,042 shares during the last quarter. Main Management ETF Advisors LLC raised its holdings in shares of VanEck Semiconductor ETF by 36.7% in the 3rd quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock worth $231,415,000 after purchasing an additional 253,300 shares in the last quarter. Meitav Investment House Ltd. lifted its stake in VanEck Semiconductor ETF by 4.1% during the fourth quarter. Meitav Investment House Ltd. now owns 624,975 shares of the company’s stock valued at $151,269,000 after purchasing an additional 24,516 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in VanEck Semiconductor ETF during the fourth quarter valued at approximately $144,385,000.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $225.09 on Monday. The firm has a market cap of $21.31 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 price is $246.42 and its two-hundred day moving average price is $245.30.

VanEck Semiconductor ETF Dividend Announcement

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