Global Trust Asset Management LLC Purchases 440 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Global Trust Asset Management LLC lifted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 29.5% during the fourth quarter, Holdings Channel reports. The firm owned 1,930 shares of the company’s stock after acquiring an additional 440 shares during the period. Global Trust Asset Management LLC’s holdings in VanEck Semiconductor ETF were worth $467,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SMH. LPL Financial LLC grew its position in shares of VanEck Semiconductor ETF by 7.0% during the 3rd 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. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in VanEck Semiconductor ETF by 46.3% in the second 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 during the last quarter. JPMorgan Chase & Co. grew its holdings in VanEck Semiconductor ETF by 48.2% during the third 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 increased its position in VanEck Semiconductor ETF by 36.7% in the third quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock worth $231,415,000 after buying an additional 253,300 shares during the last quarter. Finally, Meitav Investment House Ltd. raised its stake in shares of 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 buying an additional 217,702 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $262.39 on Wednesday. VanEck Semiconductor ETF has a fifty-two week low of $184.15 and a fifty-two week high of $283.07. The business has a 50-day moving average of $247.42 and a 200 day moving average of $245.68. The firm has a market cap of $24.89 billion, a P/E ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were paid a $1.0713 dividend. The ex-dividend date of this dividend 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.