VanEck Semiconductor ETF (NASDAQ:SMH) Sees Large Volume Increase – Should You Buy?

VanEck Semiconductor ETF (NASDAQ:SMH) shares saw unusually-strong trading volume on Monday . Approximately 3,401,091 shares changed hands during mid-day trading, a decline of 15% from the previous session’s volume of 3,993,066 shares.The stock last traded at $262.47 and had previously closed at $251.88.

VanEck Semiconductor ETF Stock Performance

The company has a 50-day moving average of $247.02 and a 200-day moving average of $246.58. The firm has a market capitalization of $25.05 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were paid a $1.0713 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On VanEck Semiconductor ETF

Several institutional investors have recently bought and sold shares of SMH. Kozak & Associates Inc. increased its position in shares of VanEck Semiconductor ETF by 39.9% in the fourth quarter. Kozak & Associates Inc. now owns 69,776 shares of the company’s stock valued at $17,575,000 after acquiring an additional 19,894 shares during the last quarter. Modus Advisors LLC acquired a new position in shares of VanEck Semiconductor ETF during the 4th quarter worth approximately $160,000. GAMMA Investing LLC raised its stake in shares of VanEck Semiconductor ETF by 180.0% during the 4th quarter. GAMMA Investing LLC now owns 350 shares of the company’s stock worth $85,000 after purchasing an additional 225 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of VanEck Semiconductor ETF by 48.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after buying an additional 424,042 shares during the last quarter. Finally, Brass Tax Wealth Management Inc. bought a new position in shares of VanEck Semiconductor ETF in the third quarter valued at $302,000.

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.