VanEck Semiconductor ETF (NASDAQ:SMH) Shares Purchased by Horizon Investments LLC

Horizon Investments LLC grew its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 5.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,372 shares of the company’s stock after purchasing an additional 422 shares during the period. Horizon Investments LLC’s holdings in VanEck Semiconductor ETF were worth $2,027,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of SMH. Raymond James Financial Inc. acquired a new stake in shares of VanEck Semiconductor ETF during the fourth quarter worth $144,385,000. JPMorgan Chase & Co. raised its holdings 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 purchasing an additional 424,042 shares during the period. Main Management ETF Advisors LLC increased its holdings in shares of 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 worth $231,415,000 after acquiring an additional 253,300 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of VanEck Semiconductor ETF by 144.3% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock worth $83,114,000 after acquiring an additional 202,744 shares during the period. Finally, Bank of Montreal Can increased 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 worth $81,462,000 after acquiring an additional 134,760 shares during the period.

VanEck Semiconductor ETF Stock Down 1.5 %

SMH stock opened at $225.42 on Wednesday. VanEck Semiconductor ETF has a fifty-two week low of $198.44 and a fifty-two week high of $283.07. The firm’s 50-day simple moving average is $242.61 and its 200 day simple moving average is $244.24. The stock has a market cap of $20.45 billion, a PE ratio of 31.46 and a beta of 1.34.

VanEck Semiconductor ETF Announces Dividend

The company 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 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.