Transcendent Capital Group LLC Invests $38,000 in VanEck Semiconductor ETF (NASDAQ:SMH)

Transcendent Capital Group LLC acquired a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 158 shares of the company’s stock, valued at approximately $38,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hartford Financial Management Inc. lifted its holdings in shares of VanEck Semiconductor ETF by 61.9% during the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after buying an additional 39 shares during the last quarter. Mather Group LLC. raised its position in VanEck Semiconductor ETF by 320.0% during the fourth quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after acquiring an additional 80 shares in the last quarter. Darwin Wealth Management LLC bought a new position in VanEck Semiconductor ETF during the third quarter valued at approximately $29,000. Hemington Wealth Management lifted its stake in VanEck Semiconductor ETF by 50.6% in the fourth quarter. Hemington Wealth Management now owns 131 shares of the company’s stock valued at $31,000 after acquiring an additional 44 shares during the last quarter. Finally, Pathway Financial Advisers LLC grew its position in VanEck Semiconductor ETF by 194.2% in the third quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock worth $38,000 after acquiring an additional 101 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 2.1 %

Shares of SMH stock opened at $238.25 on Wednesday. VanEck Semiconductor ETF has a 12 month low of $198.44 and a 12 month high of $283.07. The company has a market cap of $22.56 billion, a PE ratio of 18.82 and a beta of 1.35. The business’s 50 day moving average is $249.36 and its two-hundred day moving average is $246.11.

VanEck Semiconductor ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were given a dividend of $1.0713 per share. The ex-dividend date 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.