Eagle Capital Management LLC Makes New Investment in VanEck Semiconductor ETF $SMH

Eagle Capital Management LLC acquired a new position in VanEck Semiconductor ETF (NASDAQ:SMH) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 3,340 shares of the company’s stock, valued at approximately $1,090,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Grove Bank & Trust acquired a new position in shares of VanEck Semiconductor ETF during the second quarter worth approximately $25,000. Trust Co. of Toledo NA OH acquired a new position in VanEck Semiconductor ETF during the 2nd quarter worth $25,000. Banque Transatlantique SA bought a new position in shares of VanEck Semiconductor ETF in the first quarter worth $27,000. UMB Bank n.a. acquired a new position in shares of VanEck Semiconductor ETF during the second quarter valued at $28,000. Finally, Hilltop National Bank bought a new stake in shares of VanEck Semiconductor ETF during the second quarter valued at about $28,000.

VanEck Semiconductor ETF Trading Up 0.5%

SMH stock opened at $365.86 on Friday. The firm’s 50-day moving average is $353.46 and its two-hundred day moving average is $316.66. The company has a market capitalization of $36.73 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 52 week low of $170.11 and a 52 week high of $375.59.

VanEck Semiconductor ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a dividend of $1.1047 per share. This represents a dividend yield of 31.0%. The ex-dividend date of this dividend was Monday, December 22nd.

VanEck Semiconductor ETF 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.