VanEck Semiconductor ETF $SMH Shares Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC increased its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 136.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,450 shares of the company’s stock after purchasing an additional 6,026 shares during the quarter. Farther Finance Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $3,407,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its holdings in VanEck Semiconductor ETF by 93.3% in the second quarter. JPMorgan Chase & Co. now owns 1,458,395 shares of the company’s stock valued at $406,718,000 after buying an additional 703,799 shares in the last quarter. Menora Mivtachim Holdings LTD. increased its stake in VanEck Semiconductor ETF by 15.5% in the 2nd quarter. Menora Mivtachim Holdings LTD. now owns 573,500 shares of the company’s stock valued at $159,938,000 after purchasing an additional 77,000 shares in the last quarter. Raymond James Financial Inc. increased its stake in VanEck Semiconductor ETF by 8.3% in the 2nd quarter. Raymond James Financial Inc. now owns 534,989 shares of the company’s stock valued at $149,198,000 after purchasing an additional 40,831 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in VanEck Semiconductor ETF by 8.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 485,249 shares of the company’s stock worth $135,326,000 after purchasing an additional 37,955 shares during the last quarter. Finally, Meitav Investment House Ltd. boosted its position in VanEck Semiconductor ETF by 26.0% during the second quarter. Meitav Investment House Ltd. now owns 475,332 shares of the company’s stock worth $132,605,000 after purchasing an additional 97,941 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $364.12 on Thursday. VanEck Semiconductor ETF has a fifty-two week low of $170.11 and a fifty-two week high of $375.59. The firm has a market capitalization of $36.55 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. The stock’s fifty day moving average is $352.58 and its two-hundred day moving average is $315.57.

VanEck Semiconductor ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which will be paid on Friday, December 26th. Investors of record on Monday, December 22nd will be paid a $1.1047 dividend. This represents a yield of 31.0%. The ex-dividend date of this dividend is Monday, December 22nd.

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.