Activest Wealth Management Lowers Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Activest Wealth Management decreased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 79.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 542 shares of the company’s stock after selling 2,043 shares during the period. Activest Wealth Management’s holdings in VanEck Semiconductor ETF were worth $131,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Hartford Financial Management Inc. grew its stake in VanEck Semiconductor ETF by 61.9% in the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock worth $25,000 after purchasing an additional 39 shares during the period. Mather Group LLC. grew its position in shares of 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 during the period. Financial Management Professionals Inc. bought a new position in shares of VanEck Semiconductor ETF in the 3rd quarter worth about $28,000. Darwin Wealth Management LLC purchased a new position in VanEck Semiconductor ETF during the 3rd quarter valued at about $29,000. Finally, Pathway Financial Advisers LLC boosted its stake in VanEck Semiconductor ETF by 194.2% during the third quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock worth $38,000 after acquiring an additional 101 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $245.00 on Monday. The company has a 50 day simple moving average of $248.67 and a two-hundred day simple moving average of $244.15. VanEck Semiconductor ETF has a fifty-two week low of $193.72 and a fifty-two week high of $283.07. The company has a market capitalization of $23.20 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

The business also recently disclosed 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 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.