Inspire Advisors LLC Reduces Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Inspire Advisors LLC trimmed its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 14.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,350 shares of the company’s stock after selling 717 shares during the period. Inspire Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $1,053,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of SMH. QRG Capital Management Inc. grew its position in VanEck Semiconductor ETF by 10.6% during the 3rd quarter. QRG Capital Management Inc. now owns 1,378 shares of the company’s stock worth $338,000 after purchasing an additional 132 shares during the last quarter. Atria Investments Inc grew its position in VanEck Semiconductor ETF by 75.0% during the 3rd quarter. Atria Investments Inc now owns 9,318 shares of the company’s stock worth $2,287,000 after purchasing an additional 3,992 shares during the last quarter. Tyler Stone Wealth Management grew its position in VanEck Semiconductor ETF by 93.9% during the 3rd quarter. Tyler Stone Wealth Management now owns 3,067 shares of the company’s stock worth $753,000 after purchasing an additional 1,485 shares during the last quarter. Patten & Patten Inc. TN grew its position in VanEck Semiconductor ETF by 21.1% during the 3rd quarter. Patten & Patten Inc. TN now owns 17,229 shares of the company’s stock worth $4,229,000 after purchasing an additional 2,997 shares during the last quarter. Finally, Fountainhead AM LLC lifted its stake in shares of VanEck Semiconductor ETF by 20.9% in the 3rd quarter. Fountainhead AM LLC now owns 2,370 shares of the company’s stock worth $582,000 after acquiring an additional 409 shares during the period.

VanEck Semiconductor ETF Stock Performance

SMH stock opened at $214.53 on Tuesday. VanEck Semiconductor ETF has a one year low of $198.44 and a one year high of $283.07. The stock has a market capitalization of $20.31 billion, a PE ratio of 33.13 and a beta of 1.35. The company has a fifty day moving average of $245.81 and a 200-day moving average of $245.10.

VanEck Semiconductor ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 24th. Stockholders 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.