HBW Advisory Services LLC Grows Stake in VanEck Semiconductor ETF $SMH

HBW Advisory Services LLC raised its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 49.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,885 shares of the company’s stock after purchasing an additional 4,914 shares during the period. HBW Advisory Services LLC’s holdings in VanEck Semiconductor ETF were worth $4,858,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Comerica Bank raised its holdings in shares of VanEck Semiconductor ETF by 19.2% in the first quarter. Comerica Bank now owns 10,083 shares of the company’s stock valued at $2,132,000 after acquiring an additional 1,622 shares in the last quarter. Ieq Capital LLC bought a new position in VanEck Semiconductor ETF during the 1st quarter worth about $399,000. FRG Family Wealth Advisors LLC increased its position in VanEck Semiconductor ETF by 50.5% during the 1st quarter. FRG Family Wealth Advisors LLC now owns 5,108 shares of the company’s stock valued at $1,080,000 after purchasing an additional 1,715 shares during the period. Calton & Associates Inc. raised its holdings in shares of VanEck Semiconductor ETF by 371.6% in the 1st quarter. Calton & Associates Inc. now owns 6,787 shares of the company’s stock valued at $1,435,000 after purchasing an additional 5,348 shares in the last quarter. Finally, Caption Management LLC purchased a new stake in shares of VanEck Semiconductor ETF in the 1st quarter worth approximately $4,018,000.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $365.86 on Friday. The company has a market cap of $36.73 billion, a PE ratio of 34.83 and a beta of 1.52. The firm’s 50 day moving average price is $353.46 and its 200-day moving average price is $316.66. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $375.59.

VanEck Semiconductor ETF Dividend Announcement

The business also recently announced an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were given a dividend of $1.1047 per share. This represents a yield of 31.0%. The ex-dividend date of this dividend was Monday, December 22nd.

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.