VanEck Semiconductor ETF (NASDAQ:SMH) is WESPAC Advisors SoCal LLC’s 3rd Largest Position

WESPAC Advisors SoCal LLC increased its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 6.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 76,197 shares of the company’s stock after purchasing an additional 4,946 shares during the quarter. VanEck Semiconductor ETF makes up approximately 4.2% of WESPAC Advisors SoCal LLC’s portfolio, making the stock its 3rd biggest position. WESPAC Advisors SoCal LLC owned approximately 0.08% of VanEck Semiconductor ETF worth $18,453,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Fiduciary Planning LLC lifted its stake in VanEck Semiconductor ETF by 24.3% during the fourth quarter. Fiduciary Planning LLC now owns 41,641 shares of the company’s stock worth $10,084,000 after purchasing an additional 8,134 shares during the last quarter. Financial Partners Group Inc acquired a new position in VanEck Semiconductor ETF during the fourth quarter worth approximately $369,000. Princeton Global Asset Management LLC acquired a new position in VanEck Semiconductor ETF during the fourth quarter worth approximately $57,000. Chicago Capital LLC acquired a new position in VanEck Semiconductor ETF during the fourth quarter worth approximately $332,000. Finally, Means Investment CO. Inc. increased its position in VanEck Semiconductor ETF by 8.1% during the fourth quarter. Means Investment CO. Inc. now owns 19,399 shares of the company’s stock worth $4,698,000 after buying an additional 1,453 shares during the period.

VanEck Semiconductor ETF Stock Down 2.0 %

SMH opened at $238.78 on Tuesday. The firm has a market cap of $22.61 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52 week low of $190.12 and a 52 week high of $283.07. The business’s 50 day moving average is $248.33 and its two-hundred day moving average is $244.43.

VanEck Semiconductor ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were given 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.