Fulton Breakefield Broenniman LLC Makes New $1.19 Million Investment in VanEck Semiconductor ETF (NASDAQ:SMH)

Fulton Breakefield Broenniman LLC bought a new position in VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 4,913 shares of the company’s stock, valued at approximately $1,190,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in SMH. Mendota Financial Group LLC acquired a new position in VanEck Semiconductor ETF in the 3rd quarter valued at $25,000. Financial Management Professionals Inc. acquired a new position in VanEck Semiconductor ETF in the 3rd quarter valued at $28,000. Darwin Wealth Management LLC acquired a new position in VanEck Semiconductor ETF in the 3rd quarter valued at $29,000. Pathway Financial Advisers LLC boosted its holdings in VanEck Semiconductor ETF by 194.2% in the 3rd quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock valued at $38,000 after purchasing an additional 101 shares during the period. Finally, Fifth Third Bancorp boosted its holdings in VanEck Semiconductor ETF by 80.2% in the 4th quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock valued at $38,000 after purchasing an additional 69 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $240.45 on Wednesday. VanEck Semiconductor ETF has a fifty-two week low of $184.15 and a fifty-two week high of $283.07. The firm has a fifty day moving average price of $248.50 and a two-hundred day moving average price of $245.19. The company has a market cap of $23.14 billion, a PE ratio of 18.82 and a beta of 1.35.

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 issued a dividend of $1.0713 per share. 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.