1,524 Shares in VanEck Semiconductor ETF (NASDAQ:SMH) Purchased by Financial Partners Group Inc

Financial Partners Group Inc bought a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,524 shares of the company’s stock, valued at approximately $369,000.

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

Shares of SMH opened at $243.62 on Monday. The stock has a market capitalization of $24.12 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52-week low of $184.15 and a 52-week high of $283.07. The stock’s 50-day simple moving average is $248.33 and its 200 day simple moving average is $244.43.

VanEck Semiconductor ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were given a $1.0713 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

VanEck Semiconductor ETF 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.