Apollon Wealth Management LLC Has $4.08 Million Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Apollon Wealth Management LLC grew its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 3.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,863 shares of the company’s stock after buying an additional 488 shares during the period. Apollon Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $4,084,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of SMH. Apollon Financial LLC raised its stake in VanEck Semiconductor ETF by 73.3% in the fourth quarter. Apollon Financial LLC now owns 2,094 shares of the company’s stock valued at $507,000 after purchasing an additional 886 shares in the last quarter. Quattro Financial Advisors LLC raised its position in shares of VanEck Semiconductor ETF by 2.5% in the 4th quarter. Quattro Financial Advisors LLC now owns 5,617 shares of the company’s stock valued at $1,508,000 after buying an additional 135 shares in the last quarter. Northstar Group Inc. bought a new stake in shares of VanEck Semiconductor ETF during the 4th quarter worth approximately $211,000. SOA Wealth Advisors LLC. boosted its position in shares of VanEck Semiconductor ETF by 49.5% during the 4th quarter. SOA Wealth Advisors LLC. now owns 3,028 shares of the company’s stock worth $733,000 after acquiring an additional 1,002 shares in the last quarter. Finally, Golden State Wealth Management LLC bought a new position in VanEck Semiconductor ETF in the fourth quarter valued at approximately $276,000.

VanEck Semiconductor ETF Price Performance

Shares of SMH opened at $245.00 on Friday. The firm has a 50 day simple moving average of $248.67 and a two-hundred day simple moving average of $244.23. The company has a market cap of $23.20 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a one year low of $193.72 and a one year high of $283.07.

VanEck Semiconductor ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were given a dividend of $1.0713 per share. 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.