VanEck Semiconductor ETF (NASDAQ:SMH) Shares Bought by Cornerstone Wealth Management LLC

Posted by Mickey Rousseau on Jan 24th, 2025

Cornerstone Wealth Management LLC boosted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 4.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 14,824 shares of the company’s stock after purchasing an additional 621 shares during the period. Cornerstone Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $3,590,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Mendota Financial Group LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter worth about $25,000. Financial Management Professionals Inc. purchased a new position in VanEck Semiconductor ETF in the 3rd quarter valued at about $28,000. Darwin Wealth Management LLC purchased a new position in VanEck Semiconductor ETF in the 3rd quarter valued at about $29,000. Pathway Financial Advisers LLC lifted its stake in VanEck Semiconductor ETF by 194.2% in the 3rd quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock valued at $38,000 after buying an additional 101 shares in the last quarter. Finally, PSI Advisors LLC purchased a new position in VanEck Semiconductor ETF in the 3rd quarter valued at about $39,000.

VanEck Semiconductor ETF Trading Down 0.1 %

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

VanEck Semiconductor ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were paid a $1.0713 dividend. The ex-dividend date was Monday, December 23rd.

About VanEck Semiconductor ETF

(Free Report)

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.