MONECO Advisors LLC Increases Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

MONECO Advisors LLC increased its position in VanEck Semiconductor ETF (NASDAQ:SMHFree Report) by 33.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,230 shares of the company’s stock after acquiring an additional 2,310 shares during the period. MONECO Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $2,235,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the company. WESPAC Advisors LLC raised its holdings in VanEck Semiconductor ETF by 16.6% in the 4th quarter. WESPAC Advisors LLC now owns 1,146 shares of the company’s stock worth $278,000 after acquiring an additional 163 shares during the last quarter. Wealthspire Advisors LLC purchased a new position in VanEck Semiconductor ETF in the 4th quarter worth approximately $241,000. Abound Financial LLC purchased a new stake in VanEck Semiconductor ETF during the 4th quarter valued at $381,000. Sigma Planning Corp raised its stake in VanEck Semiconductor ETF by 2.8% during the 4th quarter. Sigma Planning Corp now owns 25,553 shares of the company’s stock valued at $6,188,000 after buying an additional 696 shares during the last quarter. Finally, Turning Point Benefit Group Inc. purchased a new stake in VanEck Semiconductor ETF during the 4th quarter valued at $374,000.

VanEck Semiconductor ETF Trading Down 3.0 %

Shares of SMH opened at $249.96 on Friday. The firm has a market cap of $23.67 billion, a PE ratio of 18.82 and a beta of 1.35. The firm has a fifty day simple moving average of $249.79 and a two-hundred day simple moving average of $245.64. VanEck Semiconductor ETF has a 1-year low of $198.44 and a 1-year high of $283.07.

VanEck Semiconductor ETF Announces Dividend

The business also recently announced 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 Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for VanEck Semiconductor ETF (NASDAQ:SMH)

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