Wedmont Private Capital Buys 565 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Wedmont Private Capital grew its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 47.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,767 shares of the company’s stock after acquiring an additional 565 shares during the period. Wedmont Private Capital’s holdings in VanEck Semiconductor ETF were worth $437,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of SMH. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of VanEck Semiconductor ETF by 46.3% in 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 purchasing an additional 514,000 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of VanEck Semiconductor ETF by 48.2% in the 3rd 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 in the last quarter. Main Management ETF Advisors LLC lifted its stake in shares of VanEck Semiconductor ETF by 36.7% during the 3rd quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock worth $231,415,000 after purchasing an additional 253,300 shares during the last quarter. Meitav Investment House Ltd. grew its stake in VanEck Semiconductor ETF by 56.9% in 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. Finally, Bank of Montreal Can grew its stake in VanEck Semiconductor ETF by 69.4% in the third quarter. Bank of Montreal Can now owns 328,820 shares of the company’s stock valued at $81,462,000 after purchasing an additional 134,760 shares during the last quarter.

VanEck Semiconductor ETF Stock Up 2.4 %

NASDAQ SMH opened at $251.21 on Thursday. The firm has a market cap of $24.44 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52 week low of $171.49 and a 52 week high of $283.07. The company has a 50 day moving average price of $247.38 and a 200 day moving average price of $246.04.

VanEck Semiconductor ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 24th. Investors 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

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.