PCG Wealth Advisors LLC Raises Position in VanEck Semiconductor ETF (NASDAQ:SMH)

PCG Wealth Advisors LLC grew its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 7.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,503 shares of the company’s stock after purchasing an additional 383 shares during the period. PCG Wealth Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $1,333,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. AlTi Global Inc. acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter worth $290,000. AQR Capital Management LLC acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter worth $488,000. Scientech Research LLC acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter worth $663,000. Main Management ETF Advisors LLC increased its stake in shares of VanEck Semiconductor ETF by 2.6% in the second quarter. Main Management ETF Advisors LLC now owns 689,520 shares of the company’s stock worth $179,758,000 after acquiring an additional 17,340 shares during the period. Finally, Main Management Fund Advisors LLC increased its stake in shares of VanEck Semiconductor ETF by 8.6% in the second quarter. Main Management Fund Advisors LLC now owns 286,000 shares of the company’s stock worth $74,560,000 after acquiring an additional 22,700 shares during the period.

VanEck Semiconductor ETF Price Performance

NASDAQ:SMH opened at $261.53 on Friday. The firm has a market capitalization of $24.80 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 1-year low of $184.15 and a 1-year high of $283.07. The company’s fifty day moving average price is $248.18 and its 200-day moving average price is $245.98.

VanEck Semiconductor ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were paid a $1.0713 dividend. The ex-dividend date of this dividend 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.