Harbour Investments Inc. Reduces Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Harbour Investments Inc. reduced its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 10.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 58,381 shares of the company’s stock after selling 7,115 shares during the quarter. Harbour Investments Inc.’s holdings in VanEck Semiconductor ETF were worth $14,138,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Corient Private Wealth LLC lifted its stake in VanEck Semiconductor ETF by 1.6% in the 4th quarter. Corient Private Wealth LLC now owns 6,673 shares of the company’s stock worth $1,616,000 after purchasing an additional 104 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in VanEck Semiconductor ETF by 10.7% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 7,323 shares of the company’s stock worth $1,774,000 after purchasing an additional 707 shares in the last quarter. Diversified Enterprises LLC lifted its stake in VanEck Semiconductor ETF by 19.0% in the 4th quarter. Diversified Enterprises LLC now owns 172,313 shares of the company’s stock worth $41,729,000 after purchasing an additional 27,572 shares in the last quarter. Integras Partners LLC purchased a new stake in VanEck Semiconductor ETF in the 4th quarter worth approximately $464,000. Finally, MGO Private Wealth LLC purchased a new stake in VanEck Semiconductor ETF in the 4th quarter worth approximately $216,000.

VanEck Semiconductor ETF Price Performance

NASDAQ SMH opened at $226.57 on Friday. VanEck Semiconductor ETF has a 1 year low of $198.44 and a 1 year high of $283.07. The stock has a market capitalization of $21.45 billion, a PE ratio of 33.13 and a beta of 1.35. The company’s 50 day simple moving average is $243.81 and its two-hundred day simple moving average is $244.40.

VanEck Semiconductor ETF Announces Dividend

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