Summit X LLC Has $364,000 Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Summit X LLC boosted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 19.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,501 shares of the company’s stock after buying an additional 249 shares during the quarter. Summit X LLC’s holdings in VanEck Semiconductor ETF were worth $364,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. LPL Financial LLC boosted its position in VanEck Semiconductor ETF by 7.0% during the third quarter. LPL Financial LLC now owns 1,743,333 shares of the company’s stock valued at $427,901,000 after purchasing an additional 113,705 shares during the last quarter. JPMorgan Chase & Co. boosted its position in VanEck Semiconductor ETF by 48.2% during the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after purchasing an additional 424,042 shares during the last quarter. Main Management ETF Advisors LLC boosted its position in VanEck Semiconductor ETF by 36.7% during the third quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock valued at $231,415,000 after purchasing an additional 253,300 shares during the last quarter. Meitav Investment House Ltd. boosted its position in VanEck Semiconductor ETF by 4.1% during the fourth quarter. Meitav Investment House Ltd. now owns 624,975 shares of the company’s stock valued at $151,269,000 after purchasing an additional 24,516 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in VanEck Semiconductor ETF during the fourth quarter valued at approximately $144,385,000.

VanEck Semiconductor ETF Stock Up 2.9 %

SMH opened at $220.52 on Thursday. 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 $20.88 billion, a price-to-earnings ratio of 33.13 and a beta of 1.35. The business has a 50 day moving average of $244.82 and a 200-day moving average of $244.69.

VanEck Semiconductor ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were given a $1.0713 dividend. 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.