Bright Futures Wealth Management LLC. Purchases Shares of 1,849 VanEck Semiconductor ETF (NASDAQ:SMH)

Bright Futures Wealth Management LLC. purchased a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, Holdings Channel.com reports. The firm purchased 1,849 shares of the company’s stock, valued at approximately $443,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Hartford Financial Management Inc. grew its position in VanEck Semiconductor ETF by 61.9% during the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after acquiring an additional 39 shares during the last quarter. Mather Group LLC. grew its position in VanEck Semiconductor ETF by 320.0% during the fourth quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after acquiring an additional 80 shares during the last quarter. Financial Management Professionals Inc. bought a new position in VanEck Semiconductor ETF during the third quarter valued at approximately $28,000. Darwin Wealth Management LLC bought a new position in VanEck Semiconductor ETF during the third quarter valued at approximately $29,000. Finally, Hemington Wealth Management boosted its stake in shares of VanEck Semiconductor ETF by 50.6% during the fourth quarter. Hemington Wealth Management now owns 131 shares of the company’s stock valued at $31,000 after purchasing an additional 44 shares during the period.

VanEck Semiconductor ETF Stock Performance

NASDAQ:SMH opened at $251.92 on Friday. The firm has a market cap of $23.85 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a fifty-two week low of $193.72 and a fifty-two week high of $283.07. The business has a 50 day moving average price of $248.65 and a 200-day moving average price of $244.36.

VanEck Semiconductor ETF Announces Dividend

The business also recently disclosed 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 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.