Pennsylvania Capital Management Inc. ADV Sells 3,507 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Pennsylvania Capital Management Inc. ADV trimmed its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 13.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,905 shares of the company’s stock after selling 3,507 shares during the quarter. VanEck Semiconductor ETF comprises approximately 1.8% of Pennsylvania Capital Management Inc. ADV’s holdings, making the stock its 13th largest position. Pennsylvania Capital Management Inc. ADV’s holdings in VanEck Semiconductor ETF were worth $5,305,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. FMR LLC lifted its holdings in shares of VanEck Semiconductor ETF by 7.2% during the third quarter. FMR LLC now owns 19,264 shares of the company’s stock worth $4,728,000 after buying an additional 1,297 shares during the last quarter. JPMorgan Chase & Co. raised its stake in VanEck Semiconductor ETF by 48.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $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 3rd quarter valued at $418,000. GAMMA Investing LLC grew its position in VanEck Semiconductor ETF by 180.0% in the 4th quarter. GAMMA Investing LLC now owns 350 shares of the company’s stock worth $85,000 after purchasing an additional 225 shares during the last quarter. Finally, CWM LLC grew its position in VanEck Semiconductor ETF by 8.9% in the 3rd 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.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $238.78 on Tuesday. The company has a 50-day simple moving average of $248.33 and a 200-day simple moving average of $244.43. VanEck Semiconductor ETF has a 52 week low of $190.12 and a 52 week high of $283.07. The firm has a market capitalization of $22.61 billion, a P/E ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

The firm also recently announced 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 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.