Greater Midwest Financial Group LLC Lowers Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Greater Midwest Financial Group LLC reduced its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 7.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,737 shares of the company’s stock after selling 208 shares during the quarter. Greater Midwest Financial Group LLC’s holdings in VanEck Semiconductor ETF were worth $663,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Cornerstone Wealth Management LLC raised its stake in VanEck Semiconductor ETF by 4.4% during the fourth quarter. Cornerstone Wealth Management LLC now owns 14,824 shares of the company’s stock worth $3,590,000 after purchasing an additional 621 shares during the period. Red Door Wealth Management LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 4th quarter worth $486,000. Madrona Financial Services LLC raised its position in shares of VanEck Semiconductor ETF by 468.8% in the 4th quarter. Madrona Financial Services LLC now owns 14,596 shares of the company’s stock worth $3,535,000 after buying an additional 12,030 shares during the period. Avior Wealth Management LLC boosted its holdings in VanEck Semiconductor ETF by 2.3% in the fourth quarter. Avior Wealth Management LLC now owns 5,171 shares of the company’s stock valued at $1,252,000 after acquiring an additional 118 shares during the last quarter. Finally, Adirondack Trust Co. grew its position in VanEck Semiconductor ETF by 8.6% during the fourth quarter. Adirondack Trust Co. now owns 3,873 shares of the company’s stock valued at $938,000 after acquiring an additional 307 shares during the period.

VanEck Semiconductor ETF Price Performance

VanEck Semiconductor ETF stock opened at $266.85 on Friday. The company has a market cap of $25.31 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 12 month low of $184.15 and a 12 month high of $283.07. The stock’s 50-day moving average is $247.81 and its 200-day moving average is $245.83.

VanEck Semiconductor ETF Dividend Announcement

The firm also recently declared 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 was Monday, December 23rd.

VanEck Semiconductor ETF 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.