Dumont & Blake Investment Advisors LLC Increases Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

Dumont & Blake Investment Advisors LLC raised its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 3.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,192 shares of the company’s stock after buying an additional 264 shares during the quarter. Dumont & Blake Investment Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $1,984,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. JPMorgan Chase & Co. boosted its stake in shares of VanEck Semiconductor ETF by 48.2% in the third 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 during the period. Main Management ETF Advisors LLC raised its holdings 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 buying an additional 253,300 shares during the period. 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 acquiring an additional 217,702 shares during the period. Harel Insurance Investments & Financial Services Ltd. raised its holdings 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 worth $83,114,000 after buying an additional 202,744 shares during the period. Finally, Bank of Montreal Can increased 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 worth $81,462,000 after purchasing an additional 134,760 shares during the period.

VanEck Semiconductor ETF Trading Up 2.4 %

Shares of VanEck Semiconductor ETF stock opened at $245.17 on Friday. The firm has a market cap of $24.27 billion, a P/E ratio of 18.82 and a beta of 1.35. The stock’s fifty day moving average price is $248.37 and its 200-day moving average price is $244.91. VanEck Semiconductor ETF has a 12 month low of $184.15 and a 12 month high of $283.07.

VanEck Semiconductor ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were given 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.