Sowell Financial Services LLC Has $11.98 Million Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Sowell Financial Services LLC boosted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 26.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 49,473 shares of the company’s stock after purchasing an additional 10,223 shares during the period. Sowell Financial Services LLC owned 0.05% of VanEck Semiconductor ETF worth $11,981,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. FMR LLC increased its stake in shares of VanEck Semiconductor ETF by 7.2% during the 3rd quarter. FMR LLC now owns 19,264 shares of the company’s stock worth $4,728,000 after purchasing an additional 1,297 shares during the last quarter. Savant Capital LLC acquired a new position in VanEck Semiconductor ETF during the fourth quarter worth $403,000. JPMorgan Chase & Co. increased its position in VanEck Semiconductor ETF by 48.2% during the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock worth $319,983,000 after buying an additional 424,042 shares during the last quarter. GAMMA Investing LLC raised its holdings in VanEck Semiconductor ETF by 180.0% during the fourth quarter. GAMMA Investing LLC now owns 350 shares of the company’s stock valued at $85,000 after buying an additional 225 shares in the last quarter. Finally, Apollon Financial LLC lifted its position in shares of VanEck Semiconductor ETF by 73.3% in the fourth quarter. Apollon Financial LLC now owns 2,094 shares of the company’s stock worth $507,000 after buying an additional 886 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $225.09 on Friday. The business’s 50-day simple moving average is $246.42 and its 200-day simple moving average is $245.34. VanEck Semiconductor ETF has a 52 week low of $198.44 and a 52 week high of $283.07. The firm has a market cap of $21.31 billion, a price-to-earnings ratio of 33.13 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

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