VanEck Semiconductor ETF (NASDAQ:SMH) Shares Acquired by Arkadios Wealth Advisors

Arkadios Wealth Advisors grew its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 27.8% during the fourth quarter, Holdings Channel reports. The firm owned 6,698 shares of the company’s stock after acquiring an additional 1,458 shares during the period. Arkadios Wealth Advisors’ holdings in VanEck Semiconductor ETF were worth $1,622,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of SMH. Hsbc Holdings PLC increased its holdings in shares of VanEck Semiconductor ETF by 143.7% in the second quarter. Hsbc Holdings PLC now owns 13,426 shares of the company’s stock valued at $3,501,000 after purchasing an additional 7,916 shares during the period. AE Wealth Management LLC grew its holdings in VanEck Semiconductor ETF by 54.6% during the second quarter. AE Wealth Management LLC now owns 17,599 shares of the company’s stock worth $4,588,000 after acquiring an additional 6,216 shares during the period. Garden State Investment Advisory Services LLC grew its holdings in VanEck Semiconductor ETF by 3.8% during the second quarter. Garden State Investment Advisory Services LLC now owns 13,769 shares of the company’s stock worth $3,590,000 after acquiring an additional 508 shares during the period. Kayne Anderson Rudnick Investment Management LLC grew its holdings in VanEck Semiconductor ETF by 75.1% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 774 shares of the company’s stock worth $202,000 after acquiring an additional 332 shares during the period. Finally, Symmetry Investments LP acquired a new stake in VanEck Semiconductor ETF during the second quarter worth about $847,000.

VanEck Semiconductor ETF Stock Up 2.4 %

VanEck Semiconductor ETF stock opened at $258.25 on Friday. The firm has a market cap of $24.36 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52 week low of $177.40 and a 52 week high of $283.07. The business’s 50-day moving average price is $247.11 and its 200 day moving average price is $246.10.

VanEck Semiconductor ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were issued 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.