VanEck Semiconductor ETF (NASDAQ:SMH) Position Lessened by Quartz Partners LLC

Quartz Partners LLC lowered its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 17.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,028 shares of the company’s stock after selling 433 shares during the quarter. Quartz Partners LLC’s holdings in VanEck Semiconductor ETF were worth $491,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. LPL Financial LLC boosted its holdings in shares of VanEck Semiconductor ETF by 7.0% during the third quarter. LPL Financial LLC now owns 1,743,333 shares of the company’s stock valued at $427,901,000 after acquiring an additional 113,705 shares during the period. JPMorgan Chase & Co. boosted its stake in VanEck Semiconductor ETF by 48.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after purchasing an additional 424,042 shares during the period. Main Management ETF Advisors LLC boosted its stake in 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 valued at $231,415,000 after purchasing an additional 253,300 shares during the period. Meitav Investment House Ltd. increased its stake in shares of VanEck Semiconductor ETF by 4.1% in the fourth quarter. Meitav Investment House Ltd. now owns 624,975 shares of the company’s stock valued at $151,269,000 after purchasing an additional 24,516 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of VanEck Semiconductor ETF by 144.3% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock valued at $83,114,000 after purchasing an additional 202,744 shares during the period.

VanEck Semiconductor ETF Trading Down 3.0 %

Shares of NASDAQ SMH opened at $249.96 on Monday. VanEck Semiconductor ETF has a 12-month low of $198.44 and a 12-month high of $283.07. The company has a market cap of $23.67 billion, a PE ratio of 18.82 and a beta of 1.35. The stock has a 50 day simple moving average of $249.79 and a 200-day simple moving average of $245.89.

VanEck Semiconductor ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were given a dividend of $1.0713 per share. The ex-dividend date was Monday, December 23rd.

About VanEck Semiconductor ETF

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.