Lodestar Private Asset Management LLC Boosts Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Lodestar Private Asset Management LLC increased its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 2.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,510 shares of the company’s stock after purchasing an additional 126 shares during the quarter. Lodestar Private Asset Management LLC’s holdings in VanEck Semiconductor ETF were worth $1,334,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Mendota Financial Group LLC bought a new stake in VanEck Semiconductor ETF during the third quarter valued at $25,000. Hartford Financial Management Inc. raised its holdings in shares of VanEck Semiconductor ETF by 61.9% in the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after acquiring an additional 39 shares in the last quarter. Mather Group LLC. raised its holdings in shares of VanEck Semiconductor ETF by 320.0% in the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after acquiring an additional 80 shares in the last quarter. Financial Management Professionals Inc. bought a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter valued at about $28,000. Finally, Darwin Wealth Management LLC purchased a new position in shares of VanEck Semiconductor ETF during the third quarter worth about $29,000.

VanEck Semiconductor ETF Trading Up 0.5 %

SMH stock opened at $248.35 on Friday. VanEck Semiconductor ETF has a 1-year low of $192.40 and a 1-year high of $283.07. The stock has a market cap of $23.52 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The company’s 50 day moving average is $248.41 and its 200 day moving average is $244.29.

VanEck Semiconductor ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 24th. Stockholders 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.

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.