M3 Advisory Group LLC Acquires 47 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

M3 Advisory Group LLC grew its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 5.0% in the 4th quarter, Holdings Channel reports. The fund owned 986 shares of the company’s stock after purchasing an additional 47 shares during the quarter. M3 Advisory Group LLC’s holdings in VanEck Semiconductor ETF were worth $239,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of SMH. Flagship Harbor Advisors LLC grew its position in VanEck Semiconductor ETF by 50.3% in the 4th quarter. Flagship Harbor Advisors LLC now owns 12,364 shares of the company’s stock worth $2,994,000 after purchasing an additional 4,138 shares during the last quarter. B.O.S.S. Retirement Advisors LLC acquired a new stake in VanEck Semiconductor ETF during the fourth quarter worth about $861,000. Grimes & Company Inc. bought a new position in VanEck Semiconductor ETF during the fourth quarter valued at about $254,000. Fifth Third Bancorp raised 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 valued at $38,000 after acquiring an additional 69 shares in the last quarter. Finally, PCG Wealth Advisors LLC lifted its position in shares of VanEck Semiconductor ETF by 7.5% in the 4th quarter. PCG Wealth Advisors LLC now owns 5,503 shares of the company’s stock worth $1,333,000 after acquiring an additional 383 shares during the period.

VanEck Semiconductor ETF Trading Down 2.0 %

SMH opened at $261.53 on Friday. The stock’s 50 day simple moving average is $248.62 and its 200-day simple moving average is $245.89. The stock has a market cap of $25.17 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 1 year low of $184.15 and a 1 year high of $283.07.

VanEck Semiconductor ETF Dividend Announcement

The firm 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.

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.