World Equity Group Inc. Purchases New Position in VanEck Semiconductor ETF (NASDAQ:SMH)

World Equity Group Inc. purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,022 shares of the company’s stock, valued at approximately $248,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Hartford Financial Management Inc. boosted its holdings in VanEck Semiconductor ETF by 61.9% in the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock worth $25,000 after buying an additional 39 shares during the last quarter. Mather Group LLC. boosted its holdings in VanEck Semiconductor ETF by 320.0% in the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after buying an additional 80 shares during the last quarter. Financial Management Professionals Inc. acquired a new stake in VanEck Semiconductor ETF in the 3rd quarter worth about $28,000. Darwin Wealth Management LLC acquired a new stake in VanEck Semiconductor ETF in the 3rd quarter worth about $29,000. Finally, Hemington Wealth Management boosted its holdings in VanEck Semiconductor ETF by 50.6% in the 4th quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after buying an additional 44 shares during the last quarter.

VanEck Semiconductor ETF Trading Down 2.6 %

SMH stock opened at $243.42 on Tuesday. VanEck Semiconductor ETF has a 12-month low of $198.44 and a 12-month high of $283.07. The stock has a market cap of $23.05 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The business’s 50-day moving average is $249.59 and its 200 day moving average is $246.02.

VanEck Semiconductor ETF Dividend Announcement

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