Harel Insurance Investments & Financial Services Ltd. Grows Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Harel Insurance Investments & Financial Services Ltd. grew its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 144.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 343,206 shares of the company’s stock after purchasing an additional 202,744 shares during the quarter. VanEck Semiconductor ETF makes up 1.4% of Harel Insurance Investments & Financial Services Ltd.’s portfolio, making the stock its 18th biggest position. Harel Insurance Investments & Financial Services Ltd.’s holdings in VanEck Semiconductor ETF were worth $83,114,000 as of its most recent SEC filing.

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

VanEck Semiconductor ETF Price Performance

VanEck Semiconductor ETF stock opened at $261.53 on Friday. VanEck Semiconductor ETF has a 1-year low of $184.15 and a 1-year high of $283.07. The business has a fifty day moving average price of $248.18 and a 200-day moving average price of $245.98. The stock has a market capitalization of $24.80 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. Stockholders of record on Monday, December 23rd were paid a dividend of $1.0713 per share. The ex-dividend date 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.