Washington Trust Advisors Inc. Makes New $131,000 Investment in VanEck Semiconductor ETF (NASDAQ:SMH)

Washington Trust Advisors Inc. acquired a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 540 shares of the company’s stock, valued at approximately $131,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hartford Financial Management Inc. grew its position in shares of VanEck Semiconductor ETF by 61.9% during the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock worth $25,000 after buying an additional 39 shares in the last quarter. Mather Group LLC. grew its position in shares of VanEck Semiconductor ETF by 320.0% during the fourth quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after buying an additional 80 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in shares of VanEck Semiconductor ETF during the third quarter worth about $29,000. Hemington Wealth Management boosted its holdings 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 purchasing an additional 44 shares in the last quarter. Finally, Fifth Third Bancorp boosted its holdings in VanEck Semiconductor ETF by 80.2% in the fourth quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock valued at $38,000 after purchasing an additional 69 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 4.2 %

Shares of SMH opened at $219.78 on Friday. The stock has a 50 day moving average price of $246.88 and a 200 day moving average price of $245.54. The company has a market capitalization of $20.81 billion, a price-to-earnings ratio of 33.13 and a beta of 1.35. VanEck Semiconductor ETF has a 52-week low of $198.44 and a 52-week high of $283.07.

VanEck Semiconductor ETF Dividend Announcement

The firm also recently declared 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 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.