McGuire Investment Group LLC Has $3.25 Million Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

McGuire Investment Group LLC grew its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 1.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 13,414 shares of the company’s stock after buying an additional 234 shares during the period. McGuire Investment Group LLC’s holdings in VanEck Semiconductor ETF were worth $3,248,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in SMH. AlTi Global Inc. acquired a new stake in shares of VanEck Semiconductor ETF in the 2nd quarter valued at $290,000. AQR Capital Management LLC bought a new position in shares of VanEck Semiconductor ETF in the 2nd quarter worth $488,000. Scientech Research LLC bought a new position in shares of VanEck Semiconductor ETF in the 2nd quarter worth $663,000. Main Management ETF Advisors LLC boosted its position in shares of VanEck Semiconductor ETF by 2.6% in the 2nd quarter. Main Management ETF Advisors LLC now owns 689,520 shares of the company’s stock worth $179,758,000 after purchasing an additional 17,340 shares during the last quarter. Finally, Main Management Fund Advisors LLC boosted its position in shares of VanEck Semiconductor ETF by 8.6% in the 2nd quarter. Main Management Fund Advisors LLC now owns 286,000 shares of the company’s stock worth $74,560,000 after purchasing an additional 22,700 shares during the last quarter.

VanEck Semiconductor ETF Stock Down 2.0 %

NASDAQ:SMH opened at $261.53 on Friday. VanEck Semiconductor ETF has a 12-month low of $184.15 and a 12-month high of $283.07. The firm has a market capitalization of $24.80 billion, a P/E ratio of 18.82 and a beta of 1.35. The stock’s fifty day simple moving average is $248.18 and its 200-day simple moving average is $245.98.

VanEck Semiconductor ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were paid 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.