Pine Valley Investments Ltd Liability Co Lowers Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Pine Valley Investments Ltd Liability Co reduced its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 24.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,368 shares of the company’s stock after selling 444 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in VanEck Semiconductor ETF were worth $331,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of SMH. JPMorgan Chase & Co. increased its stake in shares of VanEck Semiconductor ETF by 48.2% during the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock worth $319,983,000 after acquiring an additional 424,042 shares during the period. Main Management ETF Advisors LLC boosted its holdings in VanEck Semiconductor ETF by 36.7% in the 3rd quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock valued at $231,415,000 after purchasing an additional 253,300 shares in the last quarter. Meitav Investment House Ltd. increased its position in VanEck Semiconductor ETF by 56.9% during the 3rd quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock worth $147,260,000 after purchasing an additional 217,702 shares during the period. Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of VanEck Semiconductor ETF by 144.3% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock worth $83,114,000 after buying an additional 202,744 shares in the last quarter. Finally, Bank of Montreal Can lifted its holdings in shares of VanEck Semiconductor ETF by 69.4% in the 3rd quarter. Bank of Montreal Can now owns 328,820 shares of the company’s stock valued at $81,462,000 after buying an additional 134,760 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of SMH stock opened at $243.82 on Thursday. The business’s fifty day moving average price is $249.39 and its 200 day moving average price is $246.09. The firm has a market capitalization of $23.09 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 1-year low of $198.44 and a 1-year high of $283.07.

VanEck Semiconductor ETF Announces Dividend

The business also recently declared 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 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.