Altus Wealth Group LLC Boosts Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Altus Wealth Group LLC raised its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 3.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 2,026 shares of the company’s stock after acquiring an additional 65 shares during the quarter. Altus Wealth Group LLC’s holdings in VanEck Semiconductor ETF were worth $491,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Prime Capital Investment Advisors LLC raised its stake in VanEck Semiconductor ETF by 4.3% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 1,011 shares of the company’s stock valued at $248,000 after purchasing an additional 42 shares during the last quarter. Empower Advisory Group LLC raised its position in shares of VanEck Semiconductor ETF by 6.1% in the third quarter. Empower Advisory Group LLC now owns 849 shares of the company’s stock valued at $208,000 after buying an additional 49 shares during the last quarter. Pinnacle Financial Partners Inc purchased a new position in shares of VanEck Semiconductor ETF in the third quarter worth about $47,000. Huntington National Bank lifted its stake in shares of VanEck Semiconductor ETF by 43.2% in the third quarter. Huntington National Bank now owns 1,597 shares of the company’s stock worth $392,000 after buying an additional 482 shares in the last quarter. Finally, OneDigital Investment Advisors LLC grew its stake in VanEck Semiconductor ETF by 4.6% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 3,516 shares of the company’s stock valued at $863,000 after acquiring an additional 155 shares in the last quarter.

VanEck Semiconductor ETF Trading Up 3.2 %

SMH stock opened at $226.57 on Friday. The firm has a 50-day moving average of $243.81 and a two-hundred day moving average of $244.40. 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 $21.45 billion, a price-to-earnings ratio of 33.13 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

The business 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 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.