Flagship Harbor Advisors LLC Raises Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Flagship Harbor Advisors LLC increased its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 50.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 12,364 shares of the company’s stock after acquiring an additional 4,138 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $2,994,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SMH. Healthcare of Ontario Pension Plan Trust Fund grew its position in shares of VanEck Semiconductor ETF by 46.3% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,624,000 shares of the company’s stock valued at $423,377,000 after purchasing an additional 514,000 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in VanEck Semiconductor ETF by 48.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after buying an additional 424,042 shares in the last quarter. Main Management ETF Advisors LLC increased its position in shares of VanEck Semiconductor ETF by 36.7% during the third quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock valued at $231,415,000 after buying an additional 253,300 shares during the period. Meitav Investment House Ltd. lifted its holdings in shares of VanEck Semiconductor ETF by 56.9% in the third quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock worth $147,260,000 after buying an additional 217,702 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of VanEck Semiconductor ETF by 144.3% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock valued at $83,114,000 after acquiring an additional 202,744 shares during the period.

VanEck Semiconductor ETF Trading Down 2.0 %

VanEck Semiconductor ETF stock opened at $261.53 on Friday. The firm’s 50 day simple moving average is $248.62 and its 200 day simple moving average is $245.89. VanEck Semiconductor ETF has a 1-year low of $184.15 and a 1-year high of $283.07. The firm has a market capitalization of $25.17 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. Investors 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 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.