Seamount Financial Group Inc. Decreases Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Seamount Financial Group Inc. trimmed its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 7.1% in the 4th quarter, Holdings Channel reports. The firm owned 1,370 shares of the company’s stock after selling 104 shares during the period. Seamount Financial Group Inc.’s holdings in VanEck Semiconductor ETF were worth $332,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Northstar Group Inc. purchased a new stake in shares of VanEck Semiconductor ETF during the fourth quarter worth $211,000. SOA Wealth Advisors LLC. grew its stake in VanEck Semiconductor ETF by 49.5% during the 4th quarter. SOA Wealth Advisors LLC. now owns 3,028 shares of the company’s stock valued at $733,000 after acquiring an additional 1,002 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in VanEck Semiconductor ETF in the 4th quarter valued at about $276,000. SMART Wealth LLC acquired a new position in shares of VanEck Semiconductor ETF during the 4th quarter worth approximately $669,000. Finally, Lodestar Private Asset Management LLC grew its position in shares of VanEck Semiconductor ETF by 2.3% in the fourth quarter. Lodestar Private Asset Management LLC now owns 5,510 shares of the company’s stock valued at $1,334,000 after purchasing an additional 126 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

NASDAQ:SMH opened at $245.00 on Friday. VanEck Semiconductor ETF has a one year low of $193.72 and a one year high of $283.07. The stock has a market cap of $23.20 billion, a PE ratio of 18.82 and a beta of 1.35. The stock has a 50 day moving average price of $248.61 and a 200 day moving average price of $244.32.

VanEck Semiconductor ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were issued a dividend of $1.0713 per share. 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.