Eclectic Associates Inc. ADV Takes $2.90 Million Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Eclectic Associates Inc. ADV purchased a new position in VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,960 shares of the company’s stock, valued at approximately $2,896,000. VanEck Semiconductor ETF accounts for 0.9% of Eclectic Associates Inc. ADV’s investment portfolio, making the stock its 25th largest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of SMH. Nvwm LLC boosted its stake in VanEck Semiconductor ETF by 2.2% in the third quarter. Nvwm LLC now owns 1,867 shares of the company’s stock valued at $458,000 after buying an additional 41 shares in the last quarter. Prime Capital Investment Advisors LLC boosted its stake in shares of VanEck Semiconductor ETF by 4.3% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 1,011 shares of the company’s stock valued at $248,000 after purchasing an additional 42 shares in the last quarter. Allworth Financial LP grew its holdings in shares of VanEck Semiconductor ETF by 5.1% during the 3rd quarter. Allworth Financial LP now owns 892 shares of the company’s stock valued at $219,000 after purchasing an additional 43 shares during the last quarter. Clarity Capital Partners LLC increased its position in VanEck Semiconductor ETF by 2.8% during the 3rd quarter. Clarity Capital Partners LLC now owns 1,590 shares of the company’s stock worth $390,000 after purchasing an additional 44 shares in the last quarter. Finally, Smith Anglin Financial LLC lifted its stake in VanEck Semiconductor ETF by 1.3% in the 4th quarter. Smith Anglin Financial LLC now owns 3,545 shares of the company’s stock valued at $859,000 after purchasing an additional 45 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $261.53 on Friday. The company’s 50 day moving average price is $248.18 and its two-hundred day moving average price is $245.98. The firm has a market capitalization of $24.80 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a fifty-two week low of $184.15 and a fifty-two week high of $283.07.

VanEck Semiconductor ETF Announces Dividend

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