Quantitative Investment Management LLC Purchases Shares of 13,678 VanEck Semiconductor ETF $SMH

Quantitative Investment Management LLC purchased a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 13,678 shares of the company’s stock, valued at approximately $4,463,000.

Several other hedge funds and other institutional investors have also made changes to their positions in SMH. Alpha Cubed Investments LLC grew its holdings in VanEck Semiconductor ETF by 2.5% in the 3rd quarter. Alpha Cubed Investments LLC now owns 1,170 shares of the company’s stock worth $382,000 after buying an additional 28 shares in the last quarter. Hazlett Burt & Watson Inc. raised its stake in VanEck Semiconductor ETF by 24.1% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 144 shares of the company’s stock valued at $46,000 after acquiring an additional 28 shares in the last quarter. Klingman & Associates LLC boosted its position in VanEck Semiconductor ETF by 2.7% during the 3rd quarter. Klingman & Associates LLC now owns 1,100 shares of the company’s stock worth $359,000 after acquiring an additional 29 shares during the period. Global Financial Private Client LLC boosted its position in VanEck Semiconductor ETF by 0.8% during the 3rd quarter. Global Financial Private Client LLC now owns 3,947 shares of the company’s stock worth $1,288,000 after acquiring an additional 32 shares during the period. Finally, Abound Wealth Management boosted its position in VanEck Semiconductor ETF by 4.2% during the 3rd quarter. Abound Wealth Management now owns 848 shares of the company’s stock worth $277,000 after acquiring an additional 34 shares during the period.

VanEck Semiconductor ETF Stock Performance

NASDAQ:SMH opened at $388.13 on Friday. The stock has a market cap of $42.42 billion, a price-to-earnings 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 $427.94. The business has a fifty day moving average of $399.84 and a 200-day moving average of $359.42.

VanEck Semiconductor ETF Announces Dividend

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

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.