ORBA Wealth Advisors L.L.C. Invests $484,000 in VanEck Semiconductor ETF (NASDAQ:SMH)

ORBA Wealth Advisors L.L.C. purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,000 shares of the company’s stock, valued at approximately $484,000.

Several other large investors have also recently bought and sold shares of SMH. FMR LLC lifted its holdings in shares of VanEck Semiconductor ETF by 7.2% during the third quarter. FMR LLC now owns 19,264 shares of the company’s stock worth $4,728,000 after buying an additional 1,297 shares in the last quarter. Savant Capital LLC acquired a new stake in VanEck Semiconductor ETF in the 4th quarter worth about $403,000. JPMorgan Chase & Co. boosted its holdings in VanEck Semiconductor ETF by 48.2% in 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. Allspring Global Investments Holdings LLC acquired a new position in shares of VanEck Semiconductor ETF during the 3rd quarter worth approximately $418,000. Finally, GAMMA Investing LLC increased its holdings in shares of VanEck Semiconductor ETF by 180.0% during the fourth quarter. GAMMA Investing LLC now owns 350 shares of the company’s stock worth $85,000 after purchasing an additional 225 shares during the period.

VanEck Semiconductor ETF Trading Down 2.1 %

NASDAQ SMH opened at $238.25 on Wednesday. The company has a market cap of $22.56 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The company has a 50 day moving average of $249.36 and a 200-day moving average of $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 business also recently disclosed a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were issued 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.