VanEck Semiconductor ETF (NASDAQ:SMH) Shares Purchased by Parallel Advisors LLC

Parallel Advisors LLC grew its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 1.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,305 shares of the company’s stock after purchasing an additional 186 shares during the period. Parallel Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $2,496,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Raymond James Financial Inc. bought a new position in VanEck Semiconductor ETF in the fourth quarter worth about $144,385,000. JPMorgan Chase & Co. raised its position in shares of VanEck Semiconductor ETF by 48.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock worth $319,983,000 after purchasing an additional 424,042 shares during the period. Main Management ETF Advisors LLC raised its position in shares of VanEck Semiconductor ETF by 36.7% during the 3rd quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock worth $231,415,000 after purchasing an additional 253,300 shares during the period. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in shares of VanEck Semiconductor ETF by 144.3% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock worth $83,114,000 after purchasing an additional 202,744 shares during the last quarter. Finally, Bank of Montreal Can boosted its position in VanEck Semiconductor ETF by 69.4% during the 3rd quarter. Bank of Montreal Can now owns 328,820 shares of the company’s stock valued at $81,462,000 after purchasing an additional 134,760 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $225.42 on Wednesday. The firm has a market capitalization of $20.45 billion, a PE ratio of 31.46 and a beta of 1.34. VanEck Semiconductor ETF has a 1-year low of $198.44 and a 1-year high of $283.07. The business’s fifty day moving average price is $242.61 and its two-hundred day moving average price is $244.24.

VanEck Semiconductor ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were given a dividend of $1.0713 per share. The ex-dividend date 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.