Assetmark Inc. Acquires 3,521 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Assetmark Inc. lifted its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 32.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 14,409 shares of the company’s stock after purchasing an additional 3,521 shares during the period. Assetmark Inc.’s holdings in VanEck Semiconductor ETF were worth $3,489,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in SMH. Hartford Financial Management Inc. grew its holdings in shares of VanEck Semiconductor ETF by 61.9% during the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after purchasing an additional 39 shares during the last quarter. Mather Group LLC. grew its holdings in shares of VanEck Semiconductor ETF by 320.0% during the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after purchasing an additional 80 shares during the last quarter. Darwin Wealth Management LLC bought a new position in shares of VanEck Semiconductor ETF during the 3rd quarter valued at $29,000. Hemington Wealth Management grew its holdings in shares of VanEck Semiconductor ETF by 50.6% during the 4th quarter. Hemington Wealth Management now owns 131 shares of the company’s stock valued at $31,000 after purchasing an additional 44 shares during the last quarter. Finally, Fifth Third Bancorp grew its holdings in VanEck Semiconductor ETF by 80.2% in the 4th quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock worth $38,000 after acquiring an additional 69 shares during the last quarter.

VanEck Semiconductor ETF Stock Up 2.4 %

Shares of VanEck Semiconductor ETF stock opened at $225.09 on Monday. The firm has a market cap of $21.31 billion, a PE ratio of 33.13 and a beta of 1.35. VanEck Semiconductor ETF has a 12-month low of $198.44 and a 12-month high of $283.07. The company’s fifty day simple moving average is $246.42 and its two-hundred day simple moving average is $245.30.

VanEck Semiconductor ETF Announces Dividend

The company also recently declared 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.

About VanEck Semiconductor ETF

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.