Symphony Financial Services Inc. Boosts Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Symphony Financial Services Inc. lifted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 0.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,663 shares of the company’s stock after purchasing an additional 53 shares during the period. VanEck Semiconductor ETF accounts for about 1.5% of Symphony Financial Services Inc.’s portfolio, making the stock its 19th largest holding. Symphony Financial Services Inc.’s holdings in VanEck Semiconductor ETF were worth $1,856,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the stock. LPL Financial LLC lifted its holdings in VanEck Semiconductor ETF by 7.0% in the third quarter. LPL Financial LLC now owns 1,743,333 shares of the company’s stock valued at $427,901,000 after acquiring an additional 113,705 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in VanEck Semiconductor ETF by 48.2% in the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after acquiring an additional 424,042 shares during the last quarter. Main Management ETF Advisors LLC lifted its stake 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. Meitav Investment House Ltd. lifted its stake in VanEck Semiconductor ETF by 4.1% during the fourth quarter. Meitav Investment House Ltd. now owns 624,975 shares of the company’s stock worth $151,269,000 after purchasing an additional 24,516 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its stake 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.

VanEck Semiconductor ETF Stock Up 1.0 %

NASDAQ:SMH opened at $225.23 on Wednesday. The stock’s fifty day moving average is $247.94 and its two-hundred day moving average is $245.83. VanEck Semiconductor ETF has a 52 week low of $198.44 and a 52 week high of $283.07. The stock has a market capitalization of $20.81 billion, a price-to-earnings ratio of 33.13 and a beta of 1.34.

VanEck Semiconductor ETF Announces Dividend

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 of this dividend 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.