Flagship Harbor Advisors LLC Boosts Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

Flagship Harbor Advisors LLC increased its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 50.3% in the 4th quarter, Holdings Channel reports. The fund owned 12,364 shares of the company’s stock after buying an additional 4,138 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $2,994,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Mendota Financial Group LLC purchased a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter valued at $25,000. Financial Management Professionals Inc. bought a new stake in VanEck Semiconductor ETF in the third quarter worth $28,000. Darwin Wealth Management LLC purchased a new stake in VanEck Semiconductor ETF during the third quarter valued at about $29,000. Pathway Financial Advisers LLC grew its stake in shares of VanEck Semiconductor ETF by 194.2% during the third quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock valued at $38,000 after buying an additional 101 shares during the last quarter. Finally, Fifth Third Bancorp grew its holdings in shares of VanEck Semiconductor ETF by 80.2% in the fourth quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock worth $38,000 after purchasing an additional 69 shares during the last quarter.

VanEck Semiconductor ETF Stock Down 2.0 %

Shares of NASDAQ SMH opened at $261.53 on Friday. The firm’s fifty day moving average is $248.62 and its 200 day moving average is $245.89. VanEck Semiconductor ETF has a 52 week low of $184.15 and a 52 week high of $283.07. The company has a market cap of $25.17 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

The firm also recently announced 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 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.