VanEck Semiconductor ETF (NASDAQ:SMH) Stake Boosted by EdgeRock Capital LLC

EdgeRock Capital LLC increased its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 31.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,733 shares of the company’s stock after acquiring an additional 417 shares during the period. EdgeRock Capital LLC’s holdings in VanEck Semiconductor ETF were worth $420,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. LPL Financial LLC increased its position in VanEck Semiconductor ETF by 7.0% in the 3rd quarter. LPL Financial LLC now owns 1,743,333 shares of the company’s stock valued at $427,901,000 after acquiring an additional 113,705 shares during the period. JPMorgan Chase & Co. grew its position in VanEck Semiconductor ETF by 48.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after buying an additional 424,042 shares in the last quarter. Main Management ETF Advisors LLC increased its stake 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. lifted its stake in shares of VanEck Semiconductor ETF by 4.1% in the 4th quarter. Meitav Investment House Ltd. now owns 624,975 shares of the company’s stock worth $151,269,000 after acquiring an additional 24,516 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. boosted 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 valued at $83,114,000 after acquiring an additional 202,744 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock opened at $243.42 on Tuesday. The business’s fifty day moving average is $249.59 and its 200-day moving average is $246.02. VanEck Semiconductor ETF has a 1 year low of $198.44 and a 1 year high of $283.07. The stock has a market cap of $23.05 billion, a PE ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

The firm also recently announced 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 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.