Signal Advisors Wealth LLC Sells 2,742 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Signal Advisors Wealth LLC lowered its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 10.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 24,731 shares of the company’s stock after selling 2,742 shares during the period. Signal Advisors Wealth LLC’s holdings in VanEck Semiconductor ETF were worth $5,989,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. FMR LLC lifted its holdings in shares of VanEck Semiconductor ETF by 7.2% during the 3rd quarter. FMR LLC now owns 19,264 shares of the company’s stock worth $4,728,000 after acquiring an additional 1,297 shares during the period. JPMorgan Chase & Co. raised its position in VanEck Semiconductor ETF by 48.2% during the third 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 in the last quarter. Allspring Global Investments Holdings LLC bought a new stake in VanEck Semiconductor ETF during the third quarter worth $418,000. CWM LLC boosted its holdings in shares of VanEck Semiconductor ETF by 8.9% in the 3rd quarter. CWM LLC now owns 7,790 shares of the company’s stock valued at $1,912,000 after purchasing an additional 634 shares in the last quarter. Finally, Sequoia Financial Advisors LLC boosted its holdings in shares of VanEck Semiconductor ETF by 21.9% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 3,027 shares of the company’s stock valued at $743,000 after purchasing an additional 544 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $244.64 on Tuesday. The stock has a fifty day moving average of $247.44 and a 200-day moving average of $246.15. The stock has a market capitalization of $23.80 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52 week low of $171.49 and a 52 week high of $283.07.

VanEck Semiconductor ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were issued a $1.0713 dividend. The ex-dividend date was Monday, December 23rd.

About VanEck Semiconductor ETF

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.