Wealth Enhancement Advisory Services LLC Buys 1,666 Shares of VanEck Semiconductor ETF $SMH

Wealth Enhancement Advisory Services LLC increased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 5.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,403 shares of the company’s stock after purchasing an additional 1,666 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in VanEck Semiconductor ETF were worth $10,921,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC raised its position in VanEck Semiconductor ETF by 13.0% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 3,469 shares of the company’s stock worth $967,000 after purchasing an additional 400 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of VanEck Semiconductor ETF by 136.2% in the third quarter. Farther Finance Advisors LLC now owns 10,450 shares of the company’s stock valued at $3,407,000 after buying an additional 6,026 shares during the period. AE Wealth Management LLC raised its position in shares of VanEck Semiconductor ETF by 168.8% during the second quarter. AE Wealth Management LLC now owns 49,509 shares of the company’s stock worth $13,807,000 after acquiring an additional 31,089 shares during the last quarter. Advyzon Investment Management LLC acquired a new position in shares of VanEck Semiconductor ETF in the second quarter worth approximately $2,745,000. Finally, Carter Financial Group INC. bought a new stake in VanEck Semiconductor ETF in the second quarter valued at approximately $1,072,000.

VanEck Semiconductor ETF Stock Performance

NASDAQ:SMH opened at $400.09 on Friday. The company has a 50 day simple moving average of $365.95 and a two-hundred day simple moving average of $332.64. VanEck Semiconductor ETF has a fifty-two week low of $170.11 and a fifty-two week high of $408.73. The company has a market capitalization of $43.43 billion, a PE ratio of 34.83 and a beta of 1.52.

VanEck Semiconductor ETF Announces Dividend

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

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.