Diversify Advisory Services LLC Has $1.98 Million Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

Diversify Advisory Services LLC grew its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 7.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,027 shares of the company’s stock after purchasing an additional 528 shares during the quarter. Diversify Advisory Services LLC’s holdings in VanEck Semiconductor ETF were worth $1,984,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of SMH. Mendota Financial Group LLC acquired a new position in VanEck Semiconductor ETF during the 3rd quarter worth $25,000. Financial Management Professionals Inc. bought a new stake in shares of VanEck Semiconductor ETF during the third quarter worth $28,000. Darwin Wealth Management LLC acquired a new position in shares of VanEck Semiconductor ETF during the third quarter valued at $29,000. Pathway Financial Advisers LLC lifted its stake in shares of VanEck Semiconductor ETF by 194.2% during the third quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock valued at $38,000 after acquiring an additional 101 shares during the period. Finally, PSI Advisors LLC bought a new position in VanEck Semiconductor ETF in the third quarter valued at about $39,000.

VanEck Semiconductor ETF Trading Up 2.4 %

Shares of NASDAQ SMH opened at $258.25 on Monday. VanEck Semiconductor ETF has a 1 year low of $177.40 and a 1 year high of $283.07. The firm’s 50-day moving average is $247.11 and its 200-day moving average is $245.98. The firm has a market capitalization of $24.36 billion, a PE ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

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

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.