SteelPeak Wealth LLC Trims Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

SteelPeak Wealth LLC reduced its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 21.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,054 shares of the company’s stock after selling 2,533 shares during the quarter. SteelPeak Wealth LLC’s holdings in VanEck Semiconductor ETF were worth $2,193,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in VanEck Semiconductor ETF by 46.3% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,624,000 shares of the company’s stock valued at $423,377,000 after purchasing an additional 514,000 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of VanEck Semiconductor ETF by 48.2% in the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after buying an additional 424,042 shares in the last quarter. Main Management ETF Advisors LLC grew its holdings in VanEck Semiconductor ETF by 36.7% during the third 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. Meitav Investment House Ltd. raised its position in VanEck Semiconductor ETF by 56.9% in the third quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock worth $147,260,000 after acquiring an additional 217,702 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its holdings in VanEck Semiconductor ETF by 144.3% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock valued at $83,114,000 after acquiring an additional 202,744 shares during the period.

VanEck Semiconductor ETF Stock Down 0.4 %

NASDAQ:SMH opened at $239.53 on Thursday. The firm’s fifty day simple moving average is $248.43 and its 200-day simple moving average is $244.95. The stock has a market cap of $23.71 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a fifty-two week low of $184.15 and a fifty-two week high of $283.07.

VanEck Semiconductor ETF Dividend Announcement

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