TKG Advisors LLC Invests $4.06 Million in VanEck Semiconductor ETF (NASDAQ:SMH)

TKG Advisors LLC acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 15,525 shares of the company’s stock, valued at approximately $4,060,000. VanEck Semiconductor ETF comprises about 1.9% of TKG Advisors LLC’s investment portfolio, making the stock its 21st biggest position.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hartford Financial Management Inc. boosted its holdings in shares of VanEck Semiconductor ETF by 61.9% in the 4th 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. raised its stake in shares of VanEck Semiconductor ETF by 320.0% during the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after buying an additional 80 shares during the last quarter. Financial Management Professionals Inc. acquired a new position in shares of VanEck Semiconductor ETF in the 3rd quarter valued at about $28,000. Darwin Wealth Management LLC acquired a new position in shares of VanEck Semiconductor ETF in the 3rd quarter valued at about $29,000. Finally, Hemington Wealth Management boosted its stake in shares of VanEck Semiconductor ETF by 50.6% in the fourth quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after buying an additional 44 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 1.4 %

Shares of SMH stock opened at $256.22 on Wednesday. VanEck Semiconductor ETF has a twelve month low of $193.72 and a twelve month high of $283.07. The stock has a market cap of $24.26 billion, a P/E ratio of 18.82 and a beta of 1.35. The stock has a 50 day moving average of $249.26 and a 200 day moving average of $245.02.

VanEck Semiconductor ETF Dividend Announcement

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