ARP Global Capital Ltd Acquires New Shares in VanEck Semiconductor ETF $SMH

ARP Global Capital Ltd acquired a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 28,452 shares of the company’s stock, valued at approximately $10,246,000. VanEck Semiconductor ETF makes up about 3.1% of ARP Global Capital Ltd’s portfolio, making the stock its 11th biggest position.

Several other hedge funds also recently modified their holdings of the business. DUTCH ASSET Corp acquired a new stake in shares of VanEck Semiconductor ETF in the fourth quarter valued at about $202,000. Larry Mathis Financial Planning LLC bought a new stake in VanEck Semiconductor ETF during the 4th quarter valued at approximately $628,000. Corient Private Wealth LLC grew its holdings in VanEck Semiconductor ETF by 16.4% in the 4th quarter. Corient Private Wealth LLC now owns 6,777 shares of the company’s stock valued at $2,441,000 after buying an additional 953 shares during the last quarter. Bayban bought a new position in VanEck Semiconductor ETF in the 4th quarter worth approximately $148,000. Finally, Pure Financial Advisors LLC increased its position in VanEck Semiconductor ETF by 34.7% in the 4th quarter. Pure Financial Advisors LLC now owns 971 shares of the company’s stock worth $350,000 after buying an additional 250 shares during the period.

VanEck Semiconductor ETF Trading Down 0.2%

SMH opened at $387.33 on Friday. The business has a 50 day moving average of $400.12 and a 200-day moving average of $360.06. The stock has a market capitalization of $42.33 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 1-year low of $170.11 and a 1-year high of $427.94.

VanEck Semiconductor ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a dividend of $1.1047 per share. The ex-dividend date of this dividend 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.