Elm3 Financial Group LLC Buys Shares of 2,064 VanEck Semiconductor ETF (NASDAQ:SMH)

Elm3 Financial Group LLC purchased a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,064 shares of the company’s stock, valued at approximately $500,000.

A number of other institutional investors have also modified their holdings of SMH. JPMorgan Chase & Co. grew its holdings in VanEck Semiconductor ETF by 48.2% in the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after purchasing an additional 424,042 shares during the period. Main Management ETF Advisors LLC boosted its holdings in shares of VanEck Semiconductor ETF by 36.7% in the 3rd quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock valued at $231,415,000 after purchasing an additional 253,300 shares during the last quarter. Meitav Investment House Ltd. grew its stake in shares of VanEck Semiconductor ETF by 56.9% during the 3rd quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock valued at $147,260,000 after buying an additional 217,702 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of VanEck Semiconductor ETF by 144.3% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock worth $83,114,000 after buying an additional 202,744 shares during the last quarter. Finally, Bank of Montreal Can raised its position in shares of VanEck Semiconductor ETF by 69.4% in the 3rd quarter. Bank of Montreal Can now owns 328,820 shares of the company’s stock worth $81,462,000 after buying an additional 134,760 shares during the period.

VanEck Semiconductor ETF Trading Up 2.3 %

SMH stock opened at $247.14 on Thursday. The company has a market cap of $23.40 billion, a PE ratio of 18.82 and a beta of 1.35. The stock has a 50-day moving average price of $248.41 and a two-hundred day moving average price of $244.29. VanEck Semiconductor ETF has a 12-month low of $190.12 and a 12-month high of $283.07.

VanEck Semiconductor ETF Announces Dividend

The business 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.

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.