VanEck Semiconductor ETF (NASDAQ:SMH) Shares Sold by Premier Path Wealth Partners LLC

Premier Path Wealth Partners LLC lowered its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 3.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,160 shares of the company’s stock after selling 104 shares during the quarter. Premier Path Wealth Partners LLC’s holdings in VanEck Semiconductor ETF were worth $765,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. LPL Financial LLC lifted its holdings in VanEck Semiconductor ETF by 7.0% during the 3rd quarter. LPL Financial LLC now owns 1,743,333 shares of the company’s stock worth $427,901,000 after buying an additional 113,705 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its position in shares of VanEck Semiconductor ETF by 46.3% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,624,000 shares of the company’s stock worth $423,377,000 after acquiring an additional 514,000 shares during the period. JPMorgan Chase & Co. raised its stake in shares of VanEck Semiconductor ETF by 48.2% in the third 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 holdings in VanEck Semiconductor ETF by 36.7% in the third 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 period. Finally, Meitav Investment House Ltd. grew its stake in VanEck Semiconductor ETF by 56.9% during the 3rd quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock worth $147,260,000 after purchasing an additional 217,702 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $258.25 on Friday. The company has a market cap of $24.36 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The stock’s 50-day moving average is $247.11 and its two-hundred day moving average is $246.10. VanEck Semiconductor ETF has a 1-year low of $177.40 and a 1-year high of $283.07.

VanEck Semiconductor ETF Dividend Announcement

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