Financial Freedom LLC Buys 62 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Financial Freedom LLC increased its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 0.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,959 shares of the company’s stock after buying an additional 62 shares during the quarter. VanEck Semiconductor ETF accounts for 2.4% of Financial Freedom LLC’s investment portfolio, making the stock its 12th largest holding. Financial Freedom LLC’s holdings in VanEck Semiconductor ETF were worth $4,591,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of SMH. LPL Financial LLC boosted its position in shares of VanEck Semiconductor ETF by 7.0% during the 3rd 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. Healthcare of Ontario Pension Plan Trust Fund grew its stake in VanEck Semiconductor ETF by 46.3% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,624,000 shares of the company’s stock worth $423,377,000 after purchasing an additional 514,000 shares during the period. JPMorgan Chase & Co. grew its stake 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 worth $319,983,000 after purchasing an additional 424,042 shares during the period. Main Management ETF Advisors LLC grew its stake in VanEck Semiconductor ETF by 36.7% in 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 during the period. Finally, Meitav Investment House Ltd. grew its stake in VanEck Semiconductor ETF by 56.9% in the third quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock worth $147,260,000 after purchasing an additional 217,702 shares during the period.

VanEck Semiconductor ETF Trading Up 2.4 %

VanEck Semiconductor ETF stock opened at $258.25 on Monday. The business’s fifty day simple moving average is $247.11 and its two-hundred day simple moving average is $245.98. VanEck Semiconductor ETF has a 12 month low of $177.40 and a 12 month high of $283.07. The company has a market capitalization of $24.36 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

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