Mystic Asset Management Inc. Buys 178 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Mystic Asset Management Inc. grew its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 5.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,387 shares of the company’s stock after acquiring an additional 178 shares during the quarter. Mystic Asset Management Inc.’s holdings in VanEck Semiconductor ETF were worth $820,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. LPL Financial LLC increased its position in shares of VanEck Semiconductor ETF by 7.0% during the third quarter. LPL Financial LLC now owns 1,743,333 shares of the company’s stock valued at $427,901,000 after acquiring an additional 113,705 shares in the last quarter. JPMorgan Chase & Co. lifted its position in VanEck Semiconductor ETF by 48.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after acquiring an additional 424,042 shares in the last quarter. Main Management ETF Advisors LLC boosted its stake in VanEck Semiconductor ETF by 36.7% during the 3rd quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock valued at $231,415,000 after purchasing an additional 253,300 shares during the last quarter. Meitav Investment House Ltd. increased its holdings in shares of VanEck Semiconductor ETF by 4.1% in the 4th quarter. Meitav Investment House Ltd. now owns 624,975 shares of the company’s stock worth $151,269,000 after purchasing an additional 24,516 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of VanEck Semiconductor ETF in the fourth quarter worth $144,385,000.

VanEck Semiconductor ETF Price Performance

VanEck Semiconductor ETF stock opened at $228.96 on Tuesday. VanEck Semiconductor ETF has a one year low of $198.44 and a one year high of $283.07. The business’s fifty day moving average is $243.18 and its 200 day moving average is $244.37. The stock has a market capitalization of $21.68 billion, a PE ratio of 33.13 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

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.