TKG Advisors LLC Acquires Shares of 15,525 VanEck Semiconductor ETF (NASDAQ:SMH)

TKG Advisors LLC bought a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, Holdings Channel reports. The fund bought 15,525 shares of the company’s stock, valued at approximately $4,060,000. VanEck Semiconductor ETF makes up approximately 1.9% of TKG Advisors LLC’s portfolio, making the stock its 21st largest position.

A number of other institutional investors have also recently added to or reduced their stakes in SMH. Hudson Value Partners LLC acquired a new position in VanEck Semiconductor ETF in the 4th quarter valued at $721,000. Lyell Wealth Management LP raised its position in shares of VanEck Semiconductor ETF by 3.9% in the fourth quarter. Lyell Wealth Management LP now owns 62,588 shares of the company’s stock valued at $15,157,000 after buying an additional 2,367 shares during the last quarter. Global Retirement Partners LLC raised its position in shares of VanEck Semiconductor ETF by 13.5% in the fourth quarter. Global Retirement Partners LLC now owns 27,571 shares of the company’s stock valued at $6,677,000 after buying an additional 3,274 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its stake in shares of VanEck Semiconductor ETF by 7.0% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 3,940 shares of the company’s stock worth $954,000 after buying an additional 257 shares in the last quarter. Finally, Atria Wealth Solutions Inc. boosted its position in VanEck Semiconductor ETF by 12.5% during the fourth quarter. Atria Wealth Solutions Inc. now owns 92,811 shares of the company’s stock worth $22,476,000 after acquiring an additional 10,279 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

SMH stock opened at $256.22 on Wednesday. The firm’s 50 day moving average price is $249.26 and its 200-day moving average price is $245.02. The firm has a market cap of $24.26 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a one year low of $193.72 and a one year high of $283.07.

VanEck Semiconductor ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were issued a $1.0713 dividend. The ex-dividend date 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.