Empowered Funds LLC Invests $2.16 Million in VanEck Semiconductor ETF (NASDAQ:SMH)

Empowered Funds LLC purchased a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 4th quarter, Holdings Channel.com reports. The fund purchased 8,899 shares of the company’s stock, valued at approximately $2,155,000.

Other hedge funds have also modified their holdings of the company. Kingsview Wealth Management LLC boosted its stake in VanEck Semiconductor ETF by 1.3% in the fourth quarter. Kingsview Wealth Management LLC now owns 23,045 shares of the company’s stock valued at $5,581,000 after acquiring an additional 305 shares during the last quarter. Apollon Wealth Management LLC boosted its stake in VanEck Semiconductor ETF by 3.0% in the fourth quarter. Apollon Wealth Management LLC now owns 16,863 shares of the company’s stock valued at $4,084,000 after acquiring an additional 488 shares during the last quarter. Apollon Financial LLC boosted its stake in VanEck Semiconductor ETF by 73.3% in the fourth quarter. Apollon Financial LLC now owns 2,094 shares of the company’s stock valued at $507,000 after acquiring an additional 886 shares during the last quarter. Quattro Financial Advisors LLC boosted its stake in VanEck Semiconductor ETF by 2.5% in the fourth quarter. Quattro Financial Advisors LLC now owns 5,617 shares of the company’s stock valued at $1,508,000 after acquiring an additional 135 shares during the last quarter. Finally, Northstar Group Inc. bought a new position in VanEck Semiconductor ETF in the fourth quarter valued at approximately $211,000.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock opened at $252.58 on Friday. VanEck Semiconductor ETF has a 52-week low of $193.72 and a 52-week high of $283.07. The stock has a market cap of $23.92 billion, a PE ratio of 18.82 and a beta of 1.35. The firm’s 50 day moving average price is $248.72 and its two-hundred day moving average price is $244.42.

VanEck Semiconductor ETF Dividend Announcement

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