Empirical Finance LLC Invests $583,000 in VanEck Semiconductor ETF (NASDAQ:SMH)

Empirical Finance LLC acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,408 shares of the company’s stock, valued at approximately $583,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hartford Financial Management Inc. boosted its position in shares of VanEck Semiconductor ETF by 61.9% during the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after acquiring an additional 39 shares in the last quarter. Mather Group LLC. lifted its stake in VanEck Semiconductor ETF by 320.0% during the fourth quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after purchasing an additional 80 shares during the period. Financial Management Professionals Inc. acquired a new stake in VanEck Semiconductor ETF during the third quarter valued at approximately $28,000. Darwin Wealth Management LLC bought a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter valued at approximately $29,000. Finally, Pathway Financial Advisers LLC raised its holdings in shares of VanEck Semiconductor ETF by 194.2% in the 3rd quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock worth $38,000 after buying an additional 101 shares in the last quarter.

VanEck Semiconductor ETF Trading Up 1.9 %

NASDAQ:SMH opened at $249.62 on Tuesday. The firm has a 50 day moving average of $248.67 and a 200-day moving average of $244.18. VanEck Semiconductor ETF has a 1 year low of $193.72 and a 1 year high of $283.07. The stock has a market capitalization of $23.64 billion, a P/E 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 issued a $1.0713 dividend. 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.