Lyell Wealth Management LP Has $15.16 Million Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Lyell Wealth Management LP lifted its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 3.9% in the fourth quarter, HoldingsChannel reports. The firm owned 62,588 shares of the company’s stock after purchasing an additional 2,367 shares during the period. VanEck Semiconductor ETF accounts for 1.4% of Lyell Wealth Management LP’s holdings, making the stock its 21st biggest position. Lyell Wealth Management LP’s holdings in VanEck Semiconductor ETF were worth $15,157,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of SMH. Creative Planning boosted its position in VanEck Semiconductor ETF by 2.6% during the 3rd quarter. Creative Planning now owns 38,229 shares of the company’s stock worth $9,383,000 after acquiring an additional 963 shares during the period. Capital Investment Advisors LLC raised its stake in shares of VanEck Semiconductor ETF by 6.3% during the 3rd quarter. Capital Investment Advisors LLC now owns 1,098 shares of the company’s stock worth $269,000 after purchasing an additional 65 shares in the last quarter. Raymond James & Associates raised its stake in shares of VanEck Semiconductor ETF by 30.4% in the 3rd quarter. Raymond James & Associates now owns 279,721 shares of the company’s stock valued at $68,658,000 after acquiring an additional 65,276 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of VanEck Semiconductor ETF in the 3rd quarter valued at approximately $418,000. Finally, Trilogy Capital Inc. raised its stake in shares of VanEck Semiconductor ETF by 12.2% in the 3rd quarter. Trilogy Capital Inc. now owns 1,861 shares of the company’s stock valued at $457,000 after acquiring an additional 202 shares in the last quarter.

VanEck Semiconductor ETF Stock Up 1.4 %

Shares of NASDAQ SMH opened at $256.22 on Wednesday. The business’s 50 day moving average is $249.26 and its two-hundred day moving average is $245.02. The company has a market cap of $24.26 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 12 month low of $193.72 and a 12 month high of $283.07.

VanEck Semiconductor ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were given a $1.0713 dividend. 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.