Acorn Creek Capital LLC Sells 370 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Acorn Creek Capital LLC trimmed its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 5.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 6,081 shares of the company’s stock after selling 370 shares during the quarter. VanEck Semiconductor ETF comprises about 0.8% of Acorn Creek Capital LLC’s holdings, making the stock its 17th biggest holding. Acorn Creek Capital LLC’s holdings in VanEck Semiconductor ETF were worth $1,473,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Foundations Investment Advisors LLC lifted its stake in shares of VanEck Semiconductor ETF by 20.8% during the fourth quarter. Foundations Investment Advisors LLC now owns 190,825 shares of the company’s stock valued at $46,212,000 after acquiring an additional 32,842 shares during the period. Mount Yale Investment Advisors LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 4th quarter worth approximately $225,000. United Asset Strategies Inc. raised its stake in shares of VanEck Semiconductor ETF by 4.7% during the fourth quarter. United Asset Strategies Inc. now owns 1,021 shares of the company’s stock worth $247,000 after buying an additional 46 shares during the last quarter. Union Bancaire Privee UBP SA acquired a new position in VanEck Semiconductor ETF in the fourth quarter valued at approximately $264,000. Finally, Apexium Financial LP boosted its stake in VanEck Semiconductor ETF by 18.5% in the fourth quarter. Apexium Financial LP now owns 35,222 shares of the company’s stock valued at $8,530,000 after acquiring an additional 5,497 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

SMH opened at $235.81 on Tuesday. The company has a fifty day moving average price of $248.62 and a two-hundred day moving average price of $245.44. The firm has a market capitalization of $22.69 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52 week low of $184.15 and a 52 week high of $283.07.

VanEck Semiconductor ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 24th. Investors 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 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.