MPS Loria Financial Planners LLC Boosts Position in VanEck Semiconductor ETF (NASDAQ:SMH)

MPS Loria Financial Planners LLC increased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 18.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,721 shares of the company’s stock after acquiring an additional 416 shares during the quarter. MPS Loria Financial Planners LLC’s holdings in VanEck Semiconductor ETF were worth $659,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. FMR LLC lifted its stake in shares of VanEck Semiconductor ETF by 7.2% in the 3rd quarter. FMR LLC now owns 19,264 shares of the company’s stock valued at $4,728,000 after purchasing an additional 1,297 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in 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 period. Allspring Global Investments Holdings LLC acquired a new position in VanEck Semiconductor ETF in the third quarter valued at about $418,000. CWM LLC boosted its stake in VanEck Semiconductor ETF by 8.9% during the third quarter. CWM LLC now owns 7,790 shares of the company’s stock worth $1,912,000 after buying an additional 634 shares during the period. Finally, Sequoia Financial Advisors LLC increased its position in shares of VanEck Semiconductor ETF by 21.9% during the third quarter. Sequoia Financial Advisors LLC now owns 3,027 shares of the company’s stock valued at $743,000 after acquiring an additional 544 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $251.21 on Thursday. The company’s 50 day simple moving average is $247.38 and its 200-day simple moving average is $246.04. VanEck Semiconductor ETF has a 1 year low of $171.49 and a 1 year high of $283.07. The company has a market capitalization of $24.44 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 dividend of $1.0713 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.