Foundations Investment Advisors LLC Raises Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

Foundations Investment Advisors LLC grew its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 20.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 190,825 shares of the company’s stock after purchasing an additional 32,842 shares during the quarter. VanEck Semiconductor ETF makes up approximately 0.9% of Foundations Investment Advisors LLC’s portfolio, making the stock its 26th biggest position. Foundations Investment Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $46,212,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SMH. Healthcare of Ontario Pension Plan Trust Fund raised its stake in VanEck Semiconductor ETF by 46.3% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,624,000 shares of the company’s stock worth $423,377,000 after buying an additional 514,000 shares in the last quarter. JPMorgan Chase & Co. raised 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 buying an additional 424,042 shares in the last quarter. Main Management ETF Advisors LLC raised its stake in VanEck Semiconductor ETF by 36.7% in the third quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock worth $231,415,000 after buying an additional 253,300 shares in the last quarter. Meitav Investment House Ltd. raised its stake in VanEck Semiconductor ETF by 56.9% in the third quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock worth $147,260,000 after buying an additional 217,702 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. raised its stake in VanEck Semiconductor ETF by 144.3% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock worth $83,114,000 after buying an additional 202,744 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

SMH stock opened at $244.78 on Monday. VanEck Semiconductor ETF has a 1 year low of $184.15 and a 1 year high of $283.07. The company has a market cap of $23.56 billion, a P/E ratio of 18.82 and a beta of 1.35. The firm has a 50-day moving average of $248.62 and a 200 day moving average of $245.44.

VanEck Semiconductor ETF Announces Dividend

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