Beaumont Asset Management L.L.C. Decreases Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

Beaumont Asset Management L.L.C. trimmed its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 2.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,988 shares of the company’s stock after selling 112 shares during the period. VanEck Semiconductor ETF comprises about 0.7% of Beaumont Asset Management L.L.C.’s portfolio, making the stock its 28th biggest position. Beaumont Asset Management L.L.C.’s holdings in VanEck Semiconductor ETF were worth $1,208,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in SMH. JPMorgan Chase & Co. increased its holdings in shares of VanEck Semiconductor ETF by 48.2% in the 3rd 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 increased 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 valued at $231,415,000 after purchasing an additional 253,300 shares during the last quarter. Meitav Investment House Ltd. raised its holdings in VanEck Semiconductor ETF by 56.9% during 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 in the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of VanEck Semiconductor ETF by 144.3% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock worth $83,114,000 after buying an additional 202,744 shares during the last quarter. Finally, Bank of Montreal Can boosted its holdings in shares of VanEck Semiconductor ETF by 69.4% in the 3rd quarter. Bank of Montreal Can now owns 328,820 shares of the company’s stock valued at $81,462,000 after buying an additional 134,760 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ:SMH opened at $245.00 on Friday. VanEck Semiconductor ETF has a 12 month low of $193.72 and a 12 month high of $283.07. The firm has a market capitalization of $23.20 billion, a P/E ratio of 18.82 and a beta of 1.35. The company’s fifty day moving average price is $248.61 and its 200 day moving average price is $244.32.

VanEck Semiconductor ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were given a $1.0713 dividend. 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.