Magnus Financial Group LLC Acquires 719 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Posted by Cynthia Vaughn on Jan 23rd, 2025

Magnus Financial Group LLC raised its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 29.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,137 shares of the company’s stock after buying an additional 719 shares during the period. Magnus Financial Group LLC’s holdings in VanEck Semiconductor ETF were worth $760,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in SMH. Mendota Financial Group LLC bought a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter worth $25,000. Financial Management Professionals Inc. bought a new stake in VanEck Semiconductor ETF during the third quarter valued at about $28,000. Darwin Wealth Management LLC acquired a new stake in shares of VanEck Semiconductor ETF in the third quarter valued at about $29,000. Pathway Financial Advisers LLC increased its stake in shares of VanEck Semiconductor ETF by 194.2% in the third quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock worth $38,000 after purchasing an additional 101 shares during the period. Finally, PSI Advisors LLC acquired a new position in shares of VanEck Semiconductor ETF during the 3rd quarter worth about $39,000.

VanEck Semiconductor ETF Stock Up 1.8 %

Shares of NASDAQ:SMH opened at $267.17 on Thursday. The company has a market cap of $25.34 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The business has a 50 day moving average price of $247.42 and a 200 day moving average price of $245.68. VanEck Semiconductor ETF has a twelve month low of $184.15 and a twelve month high of $283.07.

VanEck Semiconductor ETF Announces Dividend

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

VanEck Semiconductor ETF Company Profile

(Free Report)

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.