Sound View Wealth Advisors Group LLC Raises Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Sound View Wealth Advisors Group LLC boosted its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 10.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,465 shares of the company’s stock after purchasing an additional 316 shares during the period. Sound View Wealth Advisors Group LLC’s holdings in VanEck Semiconductor ETF were worth $839,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of VanEck Semiconductor ETF in the 4th quarter valued at about $144,385,000. JPMorgan Chase & Co. lifted its position in VanEck Semiconductor ETF by 48.2% in the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after purchasing an additional 424,042 shares during the last quarter. Main Management ETF Advisors LLC boosted its stake in shares of VanEck Semiconductor ETF by 36.7% during the third quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock valued at $231,415,000 after purchasing an additional 253,300 shares during the period. Harel Insurance Investments & Financial Services Ltd. boosted its stake in shares of VanEck Semiconductor ETF by 144.3% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock valued at $83,114,000 after purchasing an additional 202,744 shares during the period. Finally, Bank of Montreal Can grew its holdings in shares of VanEck Semiconductor ETF by 69.4% in the third quarter. Bank of Montreal Can now owns 328,820 shares of the company’s stock worth $81,462,000 after purchasing an additional 134,760 shares during the last quarter.

VanEck Semiconductor ETF Stock Up 2.4 %

NASDAQ:SMH opened at $225.09 on Monday. The firm has a market capitalization of $21.31 billion, a P/E ratio of 33.13 and a beta of 1.35. The company has a fifty day moving average of $246.42 and a 200 day moving average of $245.30. VanEck Semiconductor ETF has a 52 week low of $198.44 and a 52 week high of $283.07.

VanEck Semiconductor ETF Dividend Announcement

The company also recently disclosed 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.

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.