World Investment Advisors Increases Stock Position in VanEck Semiconductor ETF $SMH

World Investment Advisors lifted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 98.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,084 shares of the company’s stock after purchasing an additional 18,401 shares during the period. World Investment Advisors’ holdings in VanEck Semiconductor ETF were worth $12,103,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in shares of VanEck Semiconductor ETF by 93.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,458,395 shares of the company’s stock worth $406,718,000 after buying an additional 703,799 shares in the last quarter. CMT Capital Markets Trading GmbH increased its position in shares of VanEck Semiconductor ETF by 102.0% during the second quarter. CMT Capital Markets Trading GmbH now owns 10,437 shares of the company’s stock valued at $2,910,000 after acquiring an additional 531,232 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in VanEck Semiconductor ETF by 3,235,614.3% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 453,000 shares of the company’s stock worth $126,333,000 after acquiring an additional 452,986 shares during the period. Clal Insurance Enterprises Holdings Ltd purchased a new position in VanEck Semiconductor ETF in the second quarter worth $62,748,000. Finally, Allianz SE bought a new position in VanEck Semiconductor ETF in the 2nd quarter valued at $55,524,000.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $364.12 on Thursday. The firm has a market cap of $36.55 billion, a PE ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 1 year low of $170.11 and a 1 year high of $375.59. The stock has a fifty day moving average price of $352.58 and a 200-day moving average price of $315.57.

VanEck Semiconductor ETF Dividend Announcement

The business also recently disclosed an annual dividend, which will be paid on Friday, December 26th. Investors of record on Monday, December 22nd will be issued a dividend of $1.1047 per share. This represents a yield of 31.0%. The ex-dividend date is Monday, December 22nd.

VanEck Semiconductor ETF 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.