WealthPlan Investment Management LLC Lowers Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

WealthPlan Investment Management LLC trimmed its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 14.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 862 shares of the company’s stock after selling 150 shares during the period. WealthPlan Investment Management LLC’s holdings in VanEck Semiconductor ETF were worth $209,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hartford Financial Management Inc. boosted its position in shares of 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 in the last quarter. Mather Group LLC. boosted its position in shares of VanEck Semiconductor ETF by 320.0% during the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after purchasing an additional 80 shares in the last quarter. Financial Management Professionals Inc. purchased a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter worth $28,000. Darwin Wealth Management LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter worth $29,000. Finally, Hemington Wealth Management boosted its position in shares of VanEck Semiconductor ETF by 50.6% during the 4th quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after purchasing an additional 44 shares in the last quarter.

VanEck Semiconductor ETF Stock Up 0.3 %

NASDAQ:SMH opened at $252.58 on Friday. The company has a market capitalization of $23.92 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52-week low of $193.72 and a 52-week high of $283.07. The stock has a fifty day simple moving average of $248.80 and a 200-day simple moving average of $244.51.

VanEck Semiconductor ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were paid 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.