Fortis Group Advisors LLC Buys Shares of 1,132 VanEck Semiconductor ETF (NASDAQ:SMH)

Fortis Group Advisors LLC bought a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,132 shares of the company’s stock, valued at approximately $274,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SMH. Hartford Financial Management Inc. grew its position in VanEck Semiconductor ETF by 61.9% in the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after acquiring an additional 39 shares during the last quarter. Mather Group LLC. grew its holdings in shares of VanEck Semiconductor ETF by 320.0% during the fourth quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after purchasing an additional 80 shares during the last quarter. Financial Management Professionals Inc. bought a new stake in shares of VanEck Semiconductor ETF during the third quarter worth about $28,000. Darwin Wealth Management LLC bought a new stake in shares of VanEck Semiconductor ETF during the third quarter worth about $29,000. Finally, Hemington Wealth Management grew its holdings in shares of VanEck Semiconductor ETF by 50.6% during the fourth quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after purchasing an additional 44 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 1.4 %

NASDAQ:SMH opened at $256.22 on Wednesday. The stock has a market cap of $24.26 billion, a P/E ratio of 18.82 and a beta of 1.35. The stock’s 50-day moving average is $248.93 and its 200-day moving average is $244.75. VanEck Semiconductor ETF has a 1-year low of $193.72 and a 1-year high of $283.07.

VanEck Semiconductor ETF Dividend Announcement

The company 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 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.