Mystic Asset Management Inc. Grows Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

Mystic Asset Management Inc. boosted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 5.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,387 shares of the company’s stock after acquiring an additional 178 shares during the quarter. Mystic Asset Management Inc.’s holdings in VanEck Semiconductor ETF were worth $820,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Hartford Financial Management Inc. increased 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 purchasing an additional 39 shares during the last quarter. Mather Group LLC. grew its position in VanEck Semiconductor ETF by 320.0% during the fourth quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after buying an additional 80 shares during the period. Ethos Financial Group LLC purchased a new stake in VanEck Semiconductor ETF during the fourth quarter valued at approximately $28,000. Darwin Wealth Management LLC bought a new position in VanEck Semiconductor ETF in the third quarter worth approximately $29,000. Finally, Hemington Wealth Management boosted its stake in shares of VanEck Semiconductor ETF by 50.6% during the 4th quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after acquiring an additional 44 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of SMH stock opened at $228.96 on Tuesday. VanEck Semiconductor ETF has a 1 year low of $198.44 and a 1 year high of $283.07. The firm has a fifty day moving average price of $243.18 and a 200-day moving average price of $244.37. The company has a market cap of $21.68 billion, a price-to-earnings ratio of 33.13 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

The business 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 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.