Moloney Securities Asset Management LLC Lowers Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Moloney Securities Asset Management LLC decreased its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 14.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 6,721 shares of the company’s stock after selling 1,141 shares during the period. Moloney Securities Asset Management LLC’s holdings in VanEck Semiconductor ETF were worth $1,628,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Mendota Financial Group LLC acquired a new position in shares of VanEck Semiconductor ETF during the 3rd quarter valued at about $25,000. Hartford Financial Management Inc. raised its stake in VanEck Semiconductor ETF by 61.9% during the fourth 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 period. Mather Group LLC. boosted its holdings in shares of VanEck Semiconductor ETF by 320.0% in the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after purchasing an additional 80 shares during the last quarter. Financial Management Professionals Inc. purchased a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter valued at $28,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter worth $29,000.

VanEck Semiconductor ETF Trading Down 1.3 %

SMH stock opened at $245.00 on Friday. The company has a market cap of $23.20 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 12-month low of $193.72 and a 12-month high of $283.07. The stock has a 50-day moving average price of $248.67 and a two-hundred day moving average price of $244.23.

VanEck Semiconductor ETF Dividend Announcement

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