Cavalier Investments LLC Sells 9,741 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Cavalier Investments LLC lessened its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 31.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,670 shares of the company’s stock after selling 9,741 shares during the period. VanEck Semiconductor ETF accounts for approximately 1.8% of Cavalier Investments LLC’s holdings, making the stock its 11th biggest position. Cavalier Investments LLC’s holdings in VanEck Semiconductor ETF were worth $5,248,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Hartford Financial Management Inc. boosted its stake in VanEck Semiconductor ETF by 61.9% in the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock worth $25,000 after purchasing an additional 39 shares in the last quarter. Mather Group LLC. boosted its stake in VanEck Semiconductor ETF by 320.0% in the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after purchasing an additional 80 shares in the last quarter. Darwin Wealth Management LLC bought a new position in VanEck Semiconductor ETF in the 3rd quarter worth about $29,000. Hemington Wealth Management boosted its stake in VanEck Semiconductor ETF by 50.6% in the 4th quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after purchasing an additional 44 shares in the last quarter. Finally, Pathway Financial Advisers LLC boosted its stake in VanEck Semiconductor ETF by 194.2% in the 3rd quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock worth $38,000 after purchasing an additional 101 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $238.25 on Wednesday. The stock has a market cap of $22.56 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The firm’s 50-day moving average is $249.36 and its 200 day moving average is $246.11. VanEck Semiconductor ETF has a 1 year low of $198.44 and a 1 year high of $283.07.

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 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.