VanEck Semiconductor ETF (NASDAQ:SMH) Shares Sold by Lowe Wealth Advisors LLC

Lowe Wealth Advisors LLC trimmed its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 22.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,949 shares of the company’s stock after selling 565 shares during the period. Lowe Wealth Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $472,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mendota Financial Group LLC acquired a new stake in shares of VanEck Semiconductor ETF in the third quarter worth $25,000. Financial Management Professionals Inc. acquired a new stake in VanEck Semiconductor ETF during the 3rd quarter worth about $28,000. Darwin Wealth Management LLC purchased a new position in shares of VanEck Semiconductor ETF during the 3rd quarter valued at about $29,000. Pathway Financial Advisers LLC lifted its holdings in shares of VanEck Semiconductor ETF by 194.2% in the 3rd quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock valued at $38,000 after buying an additional 101 shares during the period. Finally, PSI Advisors LLC purchased a new stake in shares of VanEck Semiconductor ETF in the third quarter worth about $39,000.

VanEck Semiconductor ETF Price Performance

SMH stock traded down $5.05 during trading on Friday, hitting $247.18. 6,872,309 shares of the company traded hands, compared to its average volume of 6,569,056. VanEck Semiconductor ETF has a 1 year low of $170.19 and a 1 year high of $283.07. The company has a market cap of $23.69 billion, a PE ratio of 18.82 and a beta of 1.35. The stock’s 50-day simple moving average is $247.38 and its 200 day simple moving average is $246.52.

VanEck Semiconductor ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were issued a $1.0713 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

VanEck Semiconductor ETF Company 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.