AlphaStar Capital Management LLC Boosts Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

AlphaStar Capital Management LLC boosted its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 7.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,317 shares of the company’s stock after purchasing an additional 1,500 shares during the quarter. VanEck Semiconductor ETF makes up approximately 0.5% of AlphaStar Capital Management LLC’s investment portfolio, making the stock its 27th largest holding. AlphaStar Capital Management LLC’s holdings in VanEck Semiconductor ETF were worth $5,162,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Hartford Financial Management Inc. grew its position in VanEck Semiconductor ETF by 61.9% during the 4th 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 last quarter. Nvwm LLC grew its holdings in shares of VanEck Semiconductor ETF by 2.2% during the third quarter. Nvwm LLC now owns 1,867 shares of the company’s stock valued at $458,000 after buying an additional 41 shares during the last quarter. Prime Capital Investment Advisors LLC increased its position in shares of VanEck Semiconductor ETF by 4.3% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 1,011 shares of the company’s stock valued at $248,000 after acquiring an additional 42 shares during the period. Allworth Financial LP raised its stake in VanEck Semiconductor ETF by 5.1% in the 3rd quarter. Allworth Financial LP now owns 892 shares of the company’s stock worth $219,000 after acquiring an additional 43 shares during the last quarter. Finally, Clarity Capital Partners LLC lifted its position in VanEck Semiconductor ETF by 2.8% during the 3rd quarter. Clarity Capital Partners LLC now owns 1,590 shares of the company’s stock worth $390,000 after acquiring an additional 44 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock opened at $245.00 on Friday. VanEck Semiconductor ETF has a fifty-two week low of $193.72 and a fifty-two week high of $283.07. The firm has a market capitalization of $23.20 billion, a PE ratio of 18.82 and a beta of 1.35. The stock’s 50-day simple moving average is $248.67 and its 200-day simple moving average is $244.23.

VanEck Semiconductor ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 24th. Shareholders 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.

VanEck Semiconductor ETF Company 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.