Apollon Wealth Management LLC Has $4.08 Million Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

Apollon Wealth Management LLC raised its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 3.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 16,863 shares of the company’s stock after buying an additional 488 shares during the period. Apollon Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $4,084,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Mendota Financial Group LLC bought a new position in shares of VanEck Semiconductor ETF in the third quarter valued at $25,000. Hartford Financial Management Inc. grew its position 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 during the period. Mather Group LLC. increased its stake in shares of VanEck Semiconductor ETF by 320.0% during the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after purchasing an additional 80 shares during the last quarter. Financial Management Professionals Inc. bought a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter valued at about $28,000. Finally, Darwin Wealth Management LLC bought a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter valued at about $29,000.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $245.00 on Friday. The stock has a 50-day simple moving average of $248.67 and a 200 day simple moving average of $244.23. The stock has a market capitalization of $23.20 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52 week low of $193.72 and a 52 week high of $283.07.

VanEck Semiconductor ETF Dividend Announcement

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