Transcend Capital Advisors LLC Sells 1,439 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Transcend Capital Advisors LLC lowered its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 45.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,714 shares of the company’s stock after selling 1,439 shares during the quarter. Transcend Capital Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $415,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC bought a new stake in VanEck Semiconductor ETF in the third quarter valued at about $418,000. Sequoia Financial Advisors LLC increased its holdings in VanEck Semiconductor ETF by 21.9% in the third quarter. Sequoia Financial Advisors LLC now owns 3,027 shares of the company’s stock valued at $743,000 after purchasing an additional 544 shares during the last quarter. Signaturefd LLC increased its holdings in VanEck Semiconductor ETF by 91.5% in the third quarter. Signaturefd LLC now owns 695 shares of the company’s stock valued at $171,000 after purchasing an additional 332 shares during the last quarter. Brighton Jones LLC bought a new stake in VanEck Semiconductor ETF in the third quarter valued at about $252,000. Finally, Joel Isaacson & Co. LLC increased its holdings in VanEck Semiconductor ETF by 1.3% in the third quarter. Joel Isaacson & Co. LLC now owns 6,707 shares of the company’s stock valued at $1,646,000 after purchasing an additional 86 shares during the last quarter.

VanEck Semiconductor ETF Trading Down 3.0 %

NASDAQ SMH opened at $249.96 on Friday. VanEck Semiconductor ETF has a 12 month low of $198.44 and a 12 month high of $283.07. The stock has a 50-day simple moving average of $249.79 and a 200 day simple moving average of $245.64. The company has a market capitalization of $23.67 billion, a PE ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

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

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.