Forte Capital LLC ADV Cuts Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Forte Capital LLC ADV lessened its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 20.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,524 shares of the company’s stock after selling 393 shares during the period. Forte Capital LLC ADV’s holdings in VanEck Semiconductor ETF were worth $369,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Hartford Financial Management Inc. grew its holdings in VanEck Semiconductor ETF by 61.9% during the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after purchasing an additional 39 shares in the last quarter. Nvwm LLC grew its holdings in VanEck Semiconductor ETF by 2.2% during the 3rd quarter. Nvwm LLC now owns 1,867 shares of the company’s stock worth $458,000 after acquiring an additional 41 shares in 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 worth $248,000 after purchasing an additional 42 shares during the last quarter. Allworth Financial LP increased its position in shares of 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 purchasing an additional 43 shares during the last quarter. Finally, Clarity Capital Partners LLC increased its position in shares of VanEck Semiconductor ETF by 2.8% in the 3rd quarter. Clarity Capital Partners LLC now owns 1,590 shares of the company’s stock worth $390,000 after purchasing an additional 44 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

SMH opened at $249.96 on Friday. The company has a 50-day moving average of $249.79 and a 200-day moving average of $245.45. The company has a market capitalization of $23.67 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 1-year low of $198.44 and a 1-year high of $283.07.

VanEck Semiconductor ETF Announces Dividend

The business also recently announced 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 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.