ARS Investment Partners LLC Lowers Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

ARS Investment Partners LLC decreased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 2.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,665 shares of the company’s stock after selling 397 shares during the period. ARS Investment Partners LLC’s holdings in VanEck Semiconductor ETF were worth $4,036,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SMH. Mendota Financial Group LLC acquired a new stake in VanEck Semiconductor ETF in the third quarter valued at approximately $25,000. Financial Management Professionals Inc. acquired a new stake in VanEck Semiconductor ETF in the third quarter valued at approximately $28,000. Darwin Wealth Management LLC acquired a new stake in shares of VanEck Semiconductor ETF during the third quarter worth approximately $29,000. Pathway Financial Advisers LLC grew its position in shares of VanEck Semiconductor ETF by 194.2% during the third quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock worth $38,000 after buying an additional 101 shares in the last quarter. Finally, PSI Advisors LLC acquired a new stake in shares of VanEck Semiconductor ETF during the third quarter worth approximately $39,000.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $258.25 on Tuesday. The firm has a market capitalization of $24.36 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a one year low of $177.40 and a one year high of $283.07. The stock’s fifty day moving average is $247.11 and its 200-day moving average is $245.81.

VanEck Semiconductor ETF Dividend Announcement

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