Advance Capital Management Inc. Increases Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Advance Capital Management Inc. grew its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 31.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,186 shares of the company’s stock after acquiring an additional 285 shares during the period. Advance Capital Management Inc.’s holdings in VanEck Semiconductor ETF were worth $287,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. Kozak & Associates Inc. grew its position in VanEck Semiconductor ETF by 39.9% in the 4th quarter. Kozak & Associates Inc. now owns 69,776 shares of the company’s stock valued at $17,575,000 after acquiring an additional 19,894 shares in the last quarter. Modus Advisors LLC purchased a new stake in VanEck Semiconductor ETF during the 4th quarter worth approximately $160,000. GAMMA Investing LLC boosted its position in VanEck Semiconductor ETF by 180.0% in the 4th quarter. GAMMA Investing LLC now owns 350 shares of the company’s stock valued at $85,000 after buying an additional 225 shares during the period. JPMorgan Chase & Co. grew 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 worth $319,983,000 after acquiring an additional 424,042 shares in the last quarter. Finally, Brass Tax Wealth Management Inc. purchased a new stake in shares of VanEck Semiconductor ETF during the third quarter worth $302,000.

VanEck Semiconductor ETF Stock Performance

Shares of SMH traded up $8.35 during midday trading on Monday, hitting $260.23. The company had a trading volume of 10,450,416 shares, compared to its average volume of 6,062,814. VanEck Semiconductor ETF has a 1 year low of $167.28 and a 1 year high of $283.07. The firm has a market capitalization of $24.99 billion, a P/E ratio of 18.82 and a beta of 1.35. The company’s 50-day simple moving average is $247.02 and its 200-day simple moving average is $246.58.

VanEck Semiconductor ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were given a $1.0713 dividend. 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.