Independent Advisor Alliance Buys Shares of 21,891 VanEck Semiconductor ETF (NASDAQ:SMH)

Independent Advisor Alliance bought a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 21,891 shares of the company’s stock, valued at approximately $5,301,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SMH. Hartford Financial Management Inc. boosted its stake in shares of VanEck Semiconductor ETF by 61.9% during the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock worth $25,000 after acquiring an additional 39 shares in the last quarter. Duncker Streett & Co. Inc. boosted its stake in shares of VanEck Semiconductor ETF by 3.9% during the 4th quarter. Duncker Streett & Co. Inc. now owns 1,081 shares of the company’s stock worth $262,000 after acquiring an additional 41 shares in the last quarter. Prime Capital Investment Advisors LLC boosted its stake in shares of VanEck Semiconductor ETF by 4.3% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 1,011 shares of the company’s stock worth $248,000 after acquiring an additional 42 shares in the last quarter. Hemington Wealth Management boosted its stake in shares of VanEck Semiconductor ETF by 50.6% during the 4th quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after acquiring an additional 44 shares in the last quarter. Finally, Smith Anglin Financial LLC boosted its stake in shares of VanEck Semiconductor ETF by 1.3% during the 4th quarter. Smith Anglin Financial LLC now owns 3,545 shares of the company’s stock worth $859,000 after acquiring an additional 45 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $214.22 on Wednesday. VanEck Semiconductor ETF has a twelve month low of $198.44 and a twelve month high of $283.07. The stock has a market capitalization of $20.28 billion, a PE ratio of 33.13 and a beta of 1.35. The stock has a 50-day simple moving average of $245.25 and a 200 day simple moving average of $244.86.

VanEck Semiconductor ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were given a dividend of $1.0713 per share. 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.