Janney Montgomery Scott LLC Reduces Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Janney Montgomery Scott LLC reduced its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 9.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 67,415 shares of the company’s stock after selling 6,981 shares during the period. Janney Montgomery Scott LLC owned about 0.07% of VanEck Semiconductor ETF worth $16,326,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SMH. Healthcare of Ontario Pension Plan Trust Fund increased its holdings in VanEck Semiconductor ETF by 46.3% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,624,000 shares of the company’s stock valued at $423,377,000 after purchasing an additional 514,000 shares during the period. JPMorgan Chase & Co. grew its position 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 during the last quarter. Main Management ETF Advisors LLC increased its stake in shares of VanEck Semiconductor ETF by 36.7% during the third quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock valued at $231,415,000 after buying an additional 253,300 shares during the period. Meitav Investment House Ltd. raised its holdings in shares of VanEck Semiconductor ETF by 56.9% during the third quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock valued at $147,260,000 after acquiring an additional 217,702 shares in the last quarter. Finally, Bank of Montreal Can lifted its stake in VanEck Semiconductor ETF by 69.4% in the third quarter. Bank of Montreal Can now owns 328,820 shares of the company’s stock worth $81,462,000 after acquiring an additional 134,760 shares during the period.

VanEck Semiconductor ETF Trading Down 2.0 %

Shares of VanEck Semiconductor ETF stock 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 company has a market cap of $25.17 billion, a P/E ratio of 18.82 and a beta of 1.35. The company’s fifty day simple moving average is $248.62 and its two-hundred day simple moving average is $245.89.

VanEck Semiconductor ETF Announces Dividend

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