Fifth Third Securities Inc. Purchases 5,634 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Fifth Third Securities Inc. lifted its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 13.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 46,874 shares of the company’s stock after purchasing an additional 5,634 shares during the period. VanEck Semiconductor ETF accounts for 1.0% of Fifth Third Securities Inc.’s holdings, making the stock its 24th biggest holding. Fifth Third Securities Inc.’s holdings in VanEck Semiconductor ETF were worth $11,352,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of SMH. FMR LLC boosted its position in shares of VanEck Semiconductor ETF by 7.2% during the third quarter. FMR LLC now owns 19,264 shares of the company’s stock valued at $4,728,000 after buying an additional 1,297 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of VanEck Semiconductor ETF by 48.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after purchasing an additional 424,042 shares during the period. Allspring Global Investments Holdings LLC bought a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter valued at $418,000. GAMMA Investing LLC raised its stake in shares of VanEck Semiconductor ETF by 180.0% during the 4th quarter. GAMMA Investing LLC now owns 350 shares of the company’s stock valued at $85,000 after purchasing an additional 225 shares during the period. Finally, CWM LLC raised its stake in shares of VanEck Semiconductor ETF by 8.9% during the 3rd quarter. CWM LLC now owns 7,790 shares of the company’s stock valued at $1,912,000 after purchasing an additional 634 shares during the period.

VanEck Semiconductor ETF Stock Performance

NASDAQ:SMH opened at $245.17 on Friday. VanEck Semiconductor ETF has a 52-week low of $184.15 and a 52-week high of $283.07. The firm has a market cap of $24.27 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The business’s fifty day moving average is $248.37 and its 200 day moving average is $244.91.

VanEck Semiconductor ETF Announces Dividend

The firm also recently announced 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.