Black Swift Group LLC Sells 34,700 Shares of VanEck Semiconductor ETF $SMH

Black Swift Group LLC lessened its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 49.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 35,931 shares of the company’s stock after selling 34,700 shares during the period. VanEck Semiconductor ETF makes up approximately 2.1% of Black Swift Group LLC’s holdings, making the stock its 11th largest holding. Black Swift Group LLC’s holdings in VanEck Semiconductor ETF were worth $11,726,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of SMH. Wealth Enhancement Advisory Services LLC grew its position in VanEck Semiconductor ETF by 5.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 32,403 shares of the company’s stock valued at $10,921,000 after acquiring an additional 1,666 shares during the last quarter. Bright Futures Wealth Management LLC. bought a new stake in shares of VanEck Semiconductor ETF during the third quarter worth $1,934,000. Element Wealth LLC bought a new stake in shares of VanEck Semiconductor ETF during the third quarter worth $515,000. AE Wealth Management LLC boosted its stake 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 valued at $13,807,000 after purchasing an additional 31,089 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in shares of VanEck Semiconductor ETF by 136.2% during the third quarter. Farther Finance Advisors LLC now owns 10,450 shares of the company’s stock valued at $3,407,000 after purchasing an additional 6,026 shares during the period.

VanEck Semiconductor ETF Trading Down 3.7%

NASDAQ SMH opened at $380.56 on Friday. The stock has a market cap of $41.59 billion, a PE ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $427.94. The company’s 50-day moving average price is $397.18 and its 200-day moving average price is $356.96.

VanEck Semiconductor ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Friday, December 26th. Shareholders 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.

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.