4,053 Shares in VanEck Semiconductor ETF (NASDAQ:SMH) Bought by Miracle Mile Advisors LLC

Miracle Mile Advisors LLC bought a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 4,053 shares of the company’s stock, valued at approximately $981,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. FMR LLC lifted its stake in VanEck Semiconductor ETF by 7.2% in the third 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. JPMorgan Chase & Co. lifted its stake in VanEck Semiconductor ETF by 48.2% in the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock worth $319,983,000 after purchasing an additional 424,042 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new stake in VanEck Semiconductor ETF in the third quarter worth $418,000. CWM LLC lifted its stake in VanEck Semiconductor ETF by 8.9% in the third quarter. CWM LLC now owns 7,790 shares of the company’s stock worth $1,912,000 after purchasing an additional 634 shares during the last quarter. Finally, Sequoia Financial Advisors LLC raised its stake in shares of VanEck Semiconductor ETF by 21.9% during the third quarter. Sequoia Financial Advisors LLC now owns 3,027 shares of the company’s stock valued at $743,000 after acquiring an additional 544 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 0.3 %

Shares of NASDAQ:SMH opened at $245.44 on Wednesday. The company has a market cap of $23.88 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The company has a 50-day moving average price of $247.38 and a 200-day moving average price of $246.04. VanEck Semiconductor ETF has a 12 month low of $171.49 and a 12 month high of $283.07.

VanEck Semiconductor ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were paid a dividend of $1.0713 per share. The ex-dividend date of this dividend 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.