IMC Chicago LLC Takes Position in VanEck Semiconductor ETF (NASDAQ:SMH)

IMC Chicago LLC purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 21,984 shares of the company’s stock, valued at approximately $5,324,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SMH. Mendota Financial Group LLC purchased a new stake in shares of VanEck Semiconductor ETF in the third quarter worth approximately $25,000. Hartford Financial Management Inc. increased its stake in VanEck Semiconductor ETF by 61.9% in the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after buying an additional 39 shares during the period. Mather Group LLC. lifted its position in VanEck Semiconductor ETF by 320.0% in the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after buying an additional 80 shares in the last quarter. Financial Management Professionals Inc. acquired a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter valued at $28,000. Finally, Darwin Wealth Management LLC purchased a new position in shares of VanEck Semiconductor ETF during the 3rd quarter valued at $29,000.

VanEck Semiconductor ETF Trading Down 1.3 %

NASDAQ SMH opened at $245.00 on Friday. VanEck Semiconductor ETF has a 1-year low of $193.72 and a 1-year high of $283.07. The firm’s fifty day simple moving average is $248.61 and its 200-day simple moving average is $244.32. The company has a market capitalization of $23.20 billion, a PE ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

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