Activest Wealth Management Sells 2,043 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Activest Wealth Management reduced its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 79.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 542 shares of the company’s stock after selling 2,043 shares during the quarter. Activest Wealth Management’s holdings in VanEck Semiconductor ETF were worth $131,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Hartford Financial Management Inc. raised its position 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 buying an additional 39 shares during the last quarter. Mather Group LLC. grew its stake in shares of VanEck Semiconductor ETF by 320.0% in the fourth quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after acquiring an additional 80 shares during the period. Financial Management Professionals Inc. purchased a new position in shares of VanEck Semiconductor ETF during the third quarter valued at approximately $28,000. Darwin Wealth Management LLC bought a new position in VanEck Semiconductor ETF during the third quarter valued at approximately $29,000. Finally, Pathway Financial Advisers LLC boosted its holdings in VanEck Semiconductor ETF by 194.2% in the third quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock worth $38,000 after purchasing an additional 101 shares during the last quarter.

VanEck Semiconductor ETF Trading Down 1.3 %

Shares of SMH opened at $245.00 on Monday. The firm has a fifty day simple moving average of $248.67 and a two-hundred day simple moving average of $244.15. The firm has a market cap of $23.20 billion, a PE ratio of 18.82 and a beta of 1.35. 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 disclosed a dividend, which was paid on Tuesday, December 24th. Investors 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 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.