Magnus Financial Group LLC Has $760,000 Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Magnus Financial Group LLC boosted its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 29.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,137 shares of the company’s stock after acquiring an additional 719 shares during the quarter. Magnus Financial Group LLC’s holdings in VanEck Semiconductor ETF were worth $760,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. LPL Financial LLC boosted its holdings in shares of VanEck Semiconductor ETF by 7.0% during the third quarter. LPL Financial LLC now owns 1,743,333 shares of the company’s stock worth $427,901,000 after purchasing an additional 113,705 shares during the period. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in shares of VanEck Semiconductor ETF by 46.3% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,624,000 shares of the company’s stock valued at $423,377,000 after acquiring an additional 514,000 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of VanEck Semiconductor ETF by 48.2% in the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock worth $319,983,000 after acquiring an additional 424,042 shares during the last quarter. Main Management ETF Advisors LLC raised its holdings 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 worth $231,415,000 after acquiring an additional 253,300 shares in the last quarter. Finally, Meitav Investment House Ltd. boosted its position in VanEck Semiconductor ETF by 56.9% during the third quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock valued at $147,260,000 after purchasing an additional 217,702 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $267.17 on Thursday. VanEck Semiconductor ETF has a one year low of $184.15 and a one year high of $283.07. The business’s 50-day moving average price is $247.42 and its two-hundred day moving average price is $245.68. The company has a market capitalization of $25.34 billion, a P/E ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

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