Signal Advisors Wealth LLC Sells 2,742 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Signal Advisors Wealth LLC trimmed its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 10.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 24,731 shares of the company’s stock after selling 2,742 shares during the quarter. Signal Advisors Wealth LLC’s holdings in VanEck Semiconductor ETF were worth $5,989,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. lifted its holdings in shares of VanEck Semiconductor ETF by 38.6% in the second quarter. Envestnet Asset Management Inc. now owns 387,637 shares of the company’s stock valued at $101,057,000 after purchasing an additional 107,902 shares in the last quarter. One Capital Management LLC lifted its stake in VanEck Semiconductor ETF by 8.6% in the 2nd quarter. One Capital Management LLC now owns 39,443 shares of the company’s stock valued at $10,283,000 after acquiring an additional 3,128 shares in the last quarter. Total Clarity Wealth Management Inc. boosted its position in VanEck Semiconductor ETF by 17.7% during the 2nd quarter. Total Clarity Wealth Management Inc. now owns 1,822 shares of the company’s stock worth $475,000 after acquiring an additional 274 shares during the last quarter. Moors & Cabot Inc. grew its stake in shares of VanEck Semiconductor ETF by 7.1% during the 2nd quarter. Moors & Cabot Inc. now owns 2,073 shares of the company’s stock worth $540,000 after acquiring an additional 138 shares in the last quarter. Finally, Perennial Investment Advisors LLC raised its holdings in shares of VanEck Semiconductor ETF by 138.8% in the second quarter. Perennial Investment Advisors LLC now owns 2,749 shares of the company’s stock valued at $717,000 after purchasing an additional 1,598 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

SMH opened at $244.64 on Tuesday. The business’s 50-day simple moving average is $247.44 and its 200 day simple moving average is $246.15. The firm has a market capitalization of $23.80 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52-week low of $171.49 and a 52-week high of $283.07.

VanEck Semiconductor ETF Announces Dividend

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