Transcend Capital Advisors LLC Sells 1,439 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Transcend Capital Advisors LLC reduced its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 45.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,714 shares of the company’s stock after selling 1,439 shares during the quarter. Transcend Capital Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $415,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Allspring Global Investments Holdings LLC acquired a new position in shares of VanEck Semiconductor ETF during the third quarter worth about $418,000. Sequoia Financial Advisors LLC boosted its position in shares of VanEck Semiconductor ETF by 21.9% during the third quarter. Sequoia Financial Advisors LLC now owns 3,027 shares of the company’s stock worth $743,000 after buying an additional 544 shares during the period. Signaturefd LLC boosted its position in shares of VanEck Semiconductor ETF by 91.5% during the third quarter. Signaturefd LLC now owns 695 shares of the company’s stock worth $171,000 after buying an additional 332 shares during the period. Brighton Jones LLC acquired a new position in shares of VanEck Semiconductor ETF during the third quarter worth about $252,000. Finally, Joel Isaacson & Co. LLC boosted its position in shares of VanEck Semiconductor ETF by 1.3% during the third quarter. Joel Isaacson & Co. LLC now owns 6,707 shares of the company’s stock worth $1,646,000 after buying an additional 86 shares during the period.

VanEck Semiconductor ETF Price Performance

SMH stock opened at $249.96 on Friday. The stock has a market capitalization of $23.67 billion, a P/E ratio of 18.82 and a beta of 1.35. The business has a 50-day moving average of $249.79 and a 200-day moving average of $245.64. VanEck Semiconductor ETF has a fifty-two week low of $198.44 and a fifty-two week high of $283.07.

VanEck Semiconductor ETF Dividend Announcement

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