Halbert Hargrove Global Advisors LLC Makes New $38,000 Investment in VanEck Semiconductor ETF (NASDAQ:SMH)

Halbert Hargrove Global Advisors LLC purchased a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 157 shares of the company’s stock, valued at approximately $38,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Hartford Financial Management Inc. boosted its stake in VanEck Semiconductor ETF by 61.9% in the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock worth $25,000 after purchasing an additional 39 shares during the period. Mather Group LLC. boosted its stake in VanEck Semiconductor ETF by 320.0% in the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after purchasing an additional 80 shares during the period. Darwin Wealth Management LLC bought a new position in VanEck Semiconductor ETF in the 3rd quarter worth approximately $29,000. Hemington Wealth Management boosted its stake in VanEck Semiconductor ETF by 50.6% in the 4th quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after purchasing an additional 44 shares during the period. Finally, Fifth Third Bancorp boosted its stake in VanEck Semiconductor ETF by 80.2% in the 4th quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock worth $38,000 after purchasing an additional 69 shares during the period.

VanEck Semiconductor ETF Price Performance

SMH stock opened at $232.65 on Friday. The company has a market capitalization of $21.49 billion, a price-to-earnings ratio of 33.13 and a beta of 1.34. VanEck Semiconductor ETF has a 1-year low of $198.44 and a 1-year high of $283.07. The business has a 50 day simple moving average of $248.99 and a two-hundred day simple moving average of $246.08.

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 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.