MONECO Advisors LLC Acquires 2,310 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

MONECO Advisors LLC grew its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 33.4% in the fourth quarter, HoldingsChannel reports. The fund owned 9,230 shares of the company’s stock after purchasing an additional 2,310 shares during the quarter. MONECO Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $2,235,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Hartford Financial Management Inc. grew its position in shares of VanEck Semiconductor ETF by 61.9% during the 4th 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 period. Nvwm LLC grew its position in shares of VanEck Semiconductor ETF by 2.2% during the 3rd quarter. Nvwm LLC now owns 1,867 shares of the company’s stock valued at $458,000 after acquiring an additional 41 shares during the period. Prime Capital Investment Advisors LLC grew its position in shares of VanEck Semiconductor ETF by 4.3% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 1,011 shares of the company’s stock valued at $248,000 after acquiring an additional 42 shares during the period. Allworth Financial LP grew its position in shares of VanEck Semiconductor ETF by 5.1% during the 3rd quarter. Allworth Financial LP now owns 892 shares of the company’s stock valued at $219,000 after acquiring an additional 43 shares during the period. Finally, Clarity Capital Partners LLC grew its position in shares of VanEck Semiconductor ETF by 2.8% during the 3rd quarter. Clarity Capital Partners LLC now owns 1,590 shares of the company’s stock valued at $390,000 after acquiring an additional 44 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of SMH stock opened at $249.96 on Friday. VanEck Semiconductor ETF has a 1 year low of $198.44 and a 1 year high of $283.07. The firm has a fifty day moving average price of $249.79 and a 200-day moving average price of $245.64. The company has a market cap of $23.67 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were issued a $1.0713 dividend. 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.