RDA Financial Network Reduces Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Posted by Matthew Jenks on Jan 18th, 2025

RDA Financial Network trimmed its position in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 16.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,089 shares of the company’s stock after selling 208 shares during the quarter. RDA Financial Network’s holdings in VanEck Semiconductor ETF were worth $264,000 as of its most recent SEC filing.

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

VanEck Semiconductor ETF Trading Up 2.4 %

Shares of NASDAQ:SMH opened at $258.25 on Friday. The company has a market capitalization of $24.36 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 12-month low of $177.40 and a 12-month high of $283.07. The business has a 50 day moving average of $247.14 and a two-hundred day moving average of $246.12.

VanEck Semiconductor ETF Announces Dividend

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

VanEck Semiconductor ETF Company Profile

(Free Report)

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.