Advyzon Investment Management LLC Has $7.44 Million Stake in VanEck Semiconductor ETF $SMH

Advyzon Investment Management LLC grew its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 131.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,803 shares of the company’s stock after purchasing an additional 12,959 shares during the quarter. VanEck Semiconductor ETF makes up approximately 1.3% of Advyzon Investment Management LLC’s investment portfolio, making the stock its 11th largest holding. Advyzon Investment Management LLC’s holdings in VanEck Semiconductor ETF were worth $7,442,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Alpha Cubed Investments LLC increased its stake in VanEck Semiconductor ETF by 2.5% during the 3rd quarter. Alpha Cubed Investments LLC now owns 1,170 shares of the company’s stock worth $382,000 after acquiring an additional 28 shares during the period. Hazlett Burt & Watson Inc. boosted its stake in shares of VanEck Semiconductor ETF by 24.1% during the third quarter. Hazlett Burt & Watson Inc. now owns 144 shares of the company’s stock valued at $46,000 after purchasing an additional 28 shares in the last quarter. Klingman & Associates LLC increased its position in VanEck Semiconductor ETF by 2.7% in the 3rd quarter. Klingman & Associates LLC now owns 1,100 shares of the company’s stock valued at $359,000 after acquiring an additional 29 shares during the period. Global Financial Private Client LLC grew its position in shares of VanEck Semiconductor ETF by 0.8% in the 3rd quarter. Global Financial Private Client LLC now owns 3,947 shares of the company’s stock valued at $1,288,000 after buying an additional 32 shares during the last quarter. Finally, Abound Wealth Management lifted its position in shares of VanEck Semiconductor ETF by 4.2% in the 3rd quarter. Abound Wealth Management now owns 848 shares of the company’s stock worth $277,000 after purchasing an additional 34 shares during the period.

VanEck Semiconductor ETF Trading Up 1.2%

SMH stock opened at $415.03 on Friday. VanEck Semiconductor ETF has a 1-year low of $170.11 and a 1-year high of $420.60. The stock has a 50-day moving average price of $387.49 and a 200-day moving average price of $348.85. The firm has a market cap of $45.36 billion, a PE ratio of 34.83 and a beta of 1.52.

VanEck Semiconductor ETF Announces Dividend

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

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.