Cambridge Advisors Inc. Increases Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Cambridge Advisors Inc. raised its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 2.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,970 shares of the company’s stock after purchasing an additional 58 shares during the period. Cambridge Advisors Inc.’s holdings in VanEck Semiconductor ETF were worth $719,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Healthcare of Ontario Pension Plan Trust Fund increased its position in VanEck Semiconductor ETF by 46.3% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,624,000 shares of the company’s stock worth $423,377,000 after purchasing an additional 514,000 shares during 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 buying an additional 424,042 shares in the last quarter. Main Management ETF Advisors LLC increased 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 buying an additional 253,300 shares during the last quarter. Meitav Investment House Ltd. raised its position in shares of VanEck Semiconductor ETF by 56.9% during the 3rd quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock valued at $147,260,000 after buying an additional 217,702 shares in the last quarter. Finally, Bank of Montreal Can lifted its holdings in shares of VanEck Semiconductor ETF by 69.4% in the 3rd quarter. Bank of Montreal Can now owns 328,820 shares of the company’s stock valued at $81,462,000 after acquiring an additional 134,760 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 2.4 %

SMH opened at $258.25 on Friday. VanEck Semiconductor ETF has a 12 month low of $177.40 and a 12 month high of $283.07. The stock has a 50-day moving average of $247.11 and a 200 day moving average of $246.10. The firm has a market cap of $24.36 billion, a P/E ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

The business 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 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.