Larson Financial Group LLC Has $2.15 Million Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Larson Financial Group LLC lifted its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 22.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,855 shares of the company’s stock after buying an additional 1,619 shares during the period. Larson Financial Group LLC’s holdings in VanEck Semiconductor ETF were worth $2,145,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. LPL Financial LLC raised its holdings in shares of VanEck Semiconductor ETF by 7.0% in the 3rd quarter. LPL Financial LLC now owns 1,743,333 shares of the company’s stock valued at $427,901,000 after purchasing an additional 113,705 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of VanEck Semiconductor ETF by 48.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after purchasing an additional 424,042 shares during the period. Main Management ETF Advisors LLC raised its holdings in shares of 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 valued at $231,415,000 after purchasing an additional 253,300 shares during the period. Meitav Investment House Ltd. raised its holdings in VanEck Semiconductor ETF by 4.1% in the 4th quarter. Meitav Investment House Ltd. now owns 624,975 shares of the company’s stock valued at $151,269,000 after acquiring an additional 24,516 shares during the period. Finally, Raymond James Financial Inc. bought a new position in VanEck Semiconductor ETF in the 4th quarter valued at about $144,385,000.

VanEck Semiconductor ETF Stock Up 2.4 %

Shares of SMH stock opened at $225.09 on Friday. The firm has a 50 day moving average price of $246.42 and a two-hundred day moving average price of $245.34. The company has a market capitalization of $21.31 billion, a PE ratio of 33.13 and a beta of 1.35. VanEck Semiconductor ETF has a 12-month low of $198.44 and a 12-month high of $283.07.

VanEck Semiconductor ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were given 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.