KG&L Capital Management LLC Acquires 606 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

KG&L Capital Management LLC grew its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 31.9% during the 4th quarter, Holdings Channel reports. The fund owned 2,503 shares of the company’s stock after buying an additional 606 shares during the period. KG&L Capital Management LLC’s holdings in VanEck Semiconductor ETF were worth $606,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. increased 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 purchasing an additional 424,042 shares in the last quarter. Main Management ETF Advisors LLC boosted its holdings in 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 worth $231,415,000 after buying an additional 253,300 shares during the period. Meitav Investment House Ltd. increased its stake in VanEck Semiconductor ETF by 56.9% in the 3rd quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock worth $147,260,000 after buying an additional 217,702 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its holdings in VanEck Semiconductor ETF by 144.3% during the fourth 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 during the period. Finally, Bank of Montreal Can lifted its position in shares of VanEck Semiconductor ETF by 69.4% in the third quarter. Bank of Montreal Can now owns 328,820 shares of the company’s stock valued at $81,462,000 after acquiring an additional 134,760 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 0.6 %

NASDAQ SMH opened at $243.62 on Friday. VanEck Semiconductor ETF has a twelve month low of $184.15 and a twelve month high of $283.07. The business has a 50-day moving average price of $248.33 and a 200-day moving average price of $244.70. 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 business also recently disclosed a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were issued a dividend of $1.0713 per share. The ex-dividend date was Monday, December 23rd.

VanEck Semiconductor ETF 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.