C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Boosts Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 7.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,940 shares of the company’s stock after buying an additional 257 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in VanEck Semiconductor ETF were worth $954,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted 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 valued at $319,983,000 after buying an additional 424,042 shares in the last quarter. Main Management ETF Advisors LLC raised its stake in 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 acquiring an additional 253,300 shares during the period. Meitav Investment House Ltd. raised its stake in VanEck Semiconductor ETF by 56.9% during the 3rd quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock worth $147,260,000 after acquiring an additional 217,702 shares during the period. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in VanEck Semiconductor ETF by 144.3% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock valued at $83,114,000 after purchasing an additional 202,744 shares in the last quarter. Finally, Bank of Montreal Can boosted its position in shares of VanEck Semiconductor ETF by 69.4% in the third quarter. Bank of Montreal Can now owns 328,820 shares of the company’s stock worth $81,462,000 after purchasing an additional 134,760 shares during the period.

VanEck Semiconductor ETF Stock Performance

SMH opened at $257.34 on Thursday. The stock has a market cap of $24.37 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The firm’s fifty day moving average is $249.49 and its 200 day moving average is $245.11. VanEck Semiconductor ETF has a fifty-two week low of $193.72 and a fifty-two week high of $283.07.

VanEck Semiconductor ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were paid 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.