WESPAC Advisors SoCal LLC Buys 4,946 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

WESPAC Advisors SoCal LLC grew its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 6.9% during the fourth quarter, HoldingsChannel reports. The firm owned 76,197 shares of the company’s stock after purchasing an additional 4,946 shares during the quarter. VanEck Semiconductor ETF comprises approximately 4.2% of WESPAC Advisors SoCal LLC’s portfolio, making the stock its 3rd biggest holding. WESPAC Advisors SoCal LLC’s holdings in VanEck Semiconductor ETF were worth $18,453,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of SMH. AQR Capital Management LLC acquired a new position in shares of VanEck Semiconductor ETF in the second quarter valued at approximately $488,000. Smith Anglin Financial LLC increased its holdings in shares of VanEck Semiconductor ETF by 6.7% in the third quarter. Smith Anglin Financial LLC now owns 3,500 shares of the company’s stock valued at $859,000 after purchasing an additional 221 shares during the period. Sandbox Financial Partners LLC grew its holdings in VanEck Semiconductor ETF by 15.8% during the third quarter. Sandbox Financial Partners LLC now owns 1,917 shares of the company’s stock worth $470,000 after acquiring an additional 262 shares during the period. Platte River Wealth Advisors LLC grew its holdings in VanEck Semiconductor ETF by 5.9% during the third quarter. Platte River Wealth Advisors LLC now owns 1,870 shares of the company’s stock worth $459,000 after acquiring an additional 105 shares during the period. Finally, Axiom Advisory LLC grew its holdings in VanEck Semiconductor ETF by 20.8% during the third quarter. Axiom Advisory LLC now owns 1,856 shares of the company’s stock worth $451,000 after acquiring an additional 319 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of SMH stock opened at $238.78 on Tuesday. The business’s fifty day moving average price is $248.33 and its 200 day moving average price is $244.43. VanEck Semiconductor ETF has a 1-year low of $190.12 and a 1-year high of $283.07. The firm has a market capitalization of $22.61 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 issued a dividend of $1.0713 per share. The ex-dividend date of this dividend 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.