VanEck Semiconductor ETF (NASDAQ:SMH) Holdings Trimmed by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC reduced its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 30.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,094 shares of the company’s stock after selling 933 shares during the period. Sequoia Financial Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $507,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Hartford Financial Management Inc. raised its position in VanEck Semiconductor ETF by 61.9% during the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after buying an additional 39 shares during the period. Mather Group LLC. increased its holdings in shares of VanEck Semiconductor ETF by 320.0% in the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after purchasing an additional 80 shares during the period. Ethos Financial Group LLC purchased a new stake in shares of VanEck Semiconductor ETF in the fourth quarter worth approximately $28,000. Darwin Wealth Management LLC purchased a new stake in shares of VanEck Semiconductor ETF in the third quarter worth approximately $29,000. Finally, Hemington Wealth Management boosted its holdings in shares of VanEck Semiconductor ETF by 50.6% during the fourth quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after purchasing an additional 44 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $228.96 on Tuesday. VanEck Semiconductor ETF has a 52 week low of $198.44 and a 52 week high of $283.07. The company has a market capitalization of $21.68 billion, a PE ratio of 33.13 and a beta of 1.35. The company’s 50 day moving average price is $243.18 and its 200 day moving average price is $244.37.

VanEck Semiconductor ETF Dividend Announcement

The business also recently declared 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 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.