Concord Asset Management LLC VA Has $1.14 Million Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Concord Asset Management LLC VA lifted its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 8.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 4,698 shares of the company’s stock after buying an additional 350 shares during the period. Concord Asset Management LLC VA’s holdings in VanEck Semiconductor ETF were worth $1,138,000 as of its most recent SEC filing.

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

VanEck Semiconductor ETF Stock Down 0.6 %

NASDAQ:SMH opened at $243.62 on Friday. The company’s 50 day moving average is $248.33 and its 200-day moving average is $244.70. VanEck Semiconductor ETF has a 12 month low of $184.15 and a 12 month high of $283.07. The firm has a market cap of $24.12 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were issued 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.