Clarus Wealth Advisors Grows Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Clarus Wealth Advisors boosted its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 22.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,436 shares of the company’s stock after purchasing an additional 624 shares during the quarter. Clarus Wealth Advisors’ holdings in VanEck Semiconductor ETF were worth $841,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SMH. Envestnet Asset Management Inc. raised its stake in VanEck Semiconductor ETF by 38.6% during the second quarter. Envestnet Asset Management Inc. now owns 387,637 shares of the company’s stock worth $101,057,000 after purchasing an additional 107,902 shares during the period. Total Clarity Wealth Management Inc. raised its position in shares of VanEck Semiconductor ETF by 17.7% in the 2nd quarter. Total Clarity Wealth Management Inc. now owns 1,822 shares of the company’s stock worth $475,000 after buying an additional 274 shares during the period. Moors & Cabot Inc. boosted its holdings in VanEck Semiconductor ETF by 7.1% in the second quarter. Moors & Cabot Inc. now owns 2,073 shares of the company’s stock valued at $540,000 after acquiring an additional 138 shares during the last quarter. Perennial Investment Advisors LLC grew its position in VanEck Semiconductor ETF by 138.8% during the second quarter. Perennial Investment Advisors LLC now owns 2,749 shares of the company’s stock valued at $717,000 after acquiring an additional 1,598 shares during the period. Finally, Axxcess Wealth Management LLC raised its holdings in shares of VanEck Semiconductor ETF by 54.2% in the 2nd quarter. Axxcess Wealth Management LLC now owns 2,570 shares of the company’s stock worth $670,000 after purchasing an additional 903 shares during the period.

VanEck Semiconductor ETF Price Performance

NASDAQ SMH opened at $245.44 on Wednesday. The business’s 50-day simple moving average is $247.38 and its 200-day simple moving average is $246.04. The firm has a market capitalization of $23.88 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 1-year low of $171.49 and a 1-year high of $283.07.

VanEck Semiconductor ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were paid a dividend of $1.0713 per share. The ex-dividend date was Monday, December 23rd.

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.