D.A. Davidson & CO. Boosts Position in VanEck Semiconductor ETF (NASDAQ:SMH)

D.A. Davidson & CO. increased its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 18.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,712 shares of the company’s stock after buying an additional 3,705 shares during the period. D.A. Davidson & CO.’s holdings in VanEck Semiconductor ETF were worth $5,742,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. FMR LLC increased its stake in VanEck Semiconductor ETF by 7.2% in the 3rd quarter. FMR LLC now owns 19,264 shares of the company’s stock worth $4,728,000 after buying an additional 1,297 shares during the period. Savant Capital LLC purchased a new position in VanEck Semiconductor ETF during the 4th quarter valued at about $403,000. JPMorgan Chase & Co. increased its position in VanEck Semiconductor ETF by 48.2% during the 3rd 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. Allspring Global Investments Holdings LLC purchased a new position in VanEck Semiconductor ETF during the 3rd quarter valued at about $418,000. Finally, GAMMA Investing LLC increased its position in VanEck Semiconductor ETF by 180.0% during the 4th quarter. GAMMA Investing LLC now owns 350 shares of the company’s stock valued at $85,000 after purchasing an additional 225 shares during the period.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $257.34 on Thursday. The company has a market capitalization of $24.37 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The company’s 50-day simple moving average is $249.49 and its two-hundred day simple moving average is $245.11. VanEck Semiconductor ETF has a one year low of $193.72 and a one year high of $283.07.

VanEck Semiconductor ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were given 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.