Steward Partners Investment Advisory LLC Has $7.75 Million Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Steward Partners Investment Advisory LLC lessened its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 0.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 32,006 shares of the company’s stock after selling 263 shares during the period. Steward Partners Investment Advisory LLC’s holdings in VanEck Semiconductor ETF were worth $7,751,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Hartford Financial Management Inc. grew its position in VanEck Semiconductor ETF by 61.9% in the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock worth $25,000 after purchasing an additional 39 shares during the last quarter. Mather Group LLC. increased its stake 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 period. Darwin Wealth Management LLC acquired a new position in VanEck Semiconductor ETF in the 3rd quarter valued at approximately $29,000. Hemington Wealth Management lifted its position in shares of VanEck Semiconductor ETF by 50.6% in the 4th quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after acquiring an additional 44 shares during the period. Finally, Fifth Third Bancorp lifted its position in shares of VanEck Semiconductor ETF by 80.2% in the 4th quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock worth $38,000 after acquiring an additional 69 shares during the period.

VanEck Semiconductor ETF Trading Up 1.9 %

SMH opened at $229.40 on Thursday. The stock’s 50 day simple moving average is $247.50 and its 200-day simple moving average is $245.72. The stock has a market cap of $21.72 billion, a PE ratio of 33.13 and a beta of 1.35. VanEck Semiconductor ETF has a 1 year low of $198.44 and a 1 year high of $283.07.

VanEck Semiconductor ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were issued a $1.0713 dividend. The ex-dividend date was Monday, December 23rd.

About VanEck Semiconductor ETF

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.