Claro Advisors LLC Has $1.86 Million Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

Claro Advisors LLC lifted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 11.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 7,666 shares of the company’s stock after purchasing an additional 799 shares during the quarter. Claro Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $1,856,000 at the end of the most recent quarter.

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

VanEck Semiconductor ETF Trading Down 1.2 %

Shares of SMH traded down $3.06 during trading hours on Monday, reaching $244.12. The stock had a trading volume of 5,268,824 shares, compared to its average volume of 6,410,363. The firm has a 50-day simple moving average of $247.43 and a 200 day simple moving average of $246.25. VanEck Semiconductor ETF has a 12 month low of $171.49 and a 12 month high of $283.07. The company has a market capitalization of $23.75 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. 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.