Avidian Wealth Enterprises LLC Increases Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Avidian Wealth Enterprises LLC lifted its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 63.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,475 shares of the company’s stock after purchasing an additional 1,737 shares during the period. Avidian Wealth Enterprises LLC’s holdings in VanEck Semiconductor ETF were worth $1,084,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Towneley Capital Management Inc DE purchased a new stake in VanEck Semiconductor ETF during the fourth quarter worth $281,000. Sovran Advisors LLC purchased a new stake in VanEck Semiconductor ETF during the fourth quarter worth $489,000. MADDEN SECURITIES Corp purchased a new stake in VanEck Semiconductor ETF during the fourth quarter worth $498,000. Pachira Investments Inc. lifted its holdings in VanEck Semiconductor ETF by 18.6% during the fourth quarter. Pachira Investments Inc. now owns 1,097 shares of the company’s stock worth $268,000 after buying an additional 172 shares during the period. Finally, Principle Wealth Partners LLC lifted its holdings in VanEck Semiconductor ETF by 2.0% during the fourth quarter. Principle Wealth Partners LLC now owns 61,832 shares of the company’s stock worth $14,974,000 after buying an additional 1,208 shares during the period.

VanEck Semiconductor ETF Stock Down 0.5 %

VanEck Semiconductor ETF stock opened at $248.51 on Thursday. The business has a fifty day moving average of $248.73 and a two-hundred day moving average of $244.33. The firm has a market cap of $23.53 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a twelve month low of $193.72 and a twelve month 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 issued a dividend of $1.0713 per share. The ex-dividend date of this dividend 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.