VanEck Semiconductor ETF (NASDAQ:SMH) Holdings Cut by Greenwich Wealth Management LLC

Greenwich Wealth Management LLC lessened its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 11.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,640 shares of the company’s stock after selling 603 shares during the quarter. Greenwich Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $1,124,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in SMH. Raymond James Financial Inc. bought a new stake in VanEck Semiconductor ETF during the fourth quarter worth approximately $144,385,000. JPMorgan Chase & Co. raised its holdings in VanEck Semiconductor ETF by 48.2% during 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 raised its holdings in VanEck Semiconductor ETF by 36.7% during the third quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock worth $231,415,000 after purchasing an additional 253,300 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 worth $83,114,000 after purchasing an additional 202,744 shares in the last quarter. Finally, Bank of Montreal Can raised its holdings in VanEck Semiconductor ETF by 69.4% during the third quarter. Bank of Montreal Can now owns 328,820 shares of the company’s stock worth $81,462,000 after purchasing an additional 134,760 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ:SMH opened at $226.57 on Friday. VanEck Semiconductor ETF has a 12 month low of $198.44 and a 12 month high of $283.07. The stock has a market cap of $21.45 billion, a price-to-earnings ratio of 33.13 and a beta of 1.35. The stock’s 50 day moving average price is $243.81 and its 200 day moving average price is $244.40.

VanEck Semiconductor ETF Announces Dividend

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