SBI Securities Co. Ltd. Takes $8.86 Million Position in VanEck Semiconductor ETF (NASDAQ:SMH)

SBI Securities Co. Ltd. acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 36,581 shares of the company’s stock, valued at approximately $8,859,000.

Several other hedge funds and other institutional investors have also modified their holdings of SMH. Hartford Financial Management Inc. increased its stake in VanEck Semiconductor ETF by 61.9% in the fourth 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 last quarter. Mather Group LLC. boosted its position in VanEck Semiconductor ETF by 320.0% during the fourth quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after acquiring an additional 80 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter worth approximately $29,000. Hemington Wealth Management increased its position in VanEck Semiconductor ETF by 50.6% in the 4th quarter. Hemington Wealth Management now owns 131 shares of the company’s stock valued at $31,000 after buying an additional 44 shares in the last quarter. Finally, Fifth Third Bancorp lifted its stake in shares of VanEck Semiconductor ETF by 80.2% in the fourth quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock valued at $38,000 after buying an additional 69 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $232.65 on Friday. The stock has a market cap of $21.49 billion, a PE ratio of 33.13 and a beta of 1.34. The firm’s 50-day simple moving average is $248.99 and its 200 day simple moving average is $246.08. VanEck Semiconductor ETF has a fifty-two week low of $198.44 and a fifty-two week high of $283.07.

VanEck Semiconductor ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were issued 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.