Premier Path Wealth Partners LLC Reduces Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Premier Path Wealth Partners LLC reduced its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 3.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,160 shares of the company’s stock after selling 104 shares during the quarter. Premier Path Wealth Partners LLC’s holdings in VanEck Semiconductor ETF were worth $765,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SMH. FMR LLC grew its position in shares of VanEck Semiconductor ETF by 7.2% in the third quarter. FMR LLC now owns 19,264 shares of the company’s stock valued at $4,728,000 after purchasing an additional 1,297 shares in the last quarter. JPMorgan Chase & Co. boosted its stake 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 worth $319,983,000 after buying an additional 424,042 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in VanEck Semiconductor ETF in the 3rd quarter valued at $418,000. GAMMA Investing LLC increased its stake in shares of VanEck Semiconductor ETF by 180.0% in the 4th quarter. GAMMA Investing LLC now owns 350 shares of the company’s stock worth $85,000 after acquiring an additional 225 shares during the last quarter. Finally, CWM LLC boosted its position in shares of VanEck Semiconductor ETF by 8.9% during the 3rd quarter. CWM LLC now owns 7,790 shares of the company’s stock valued at $1,912,000 after acquiring an additional 634 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 2.4 %

Shares of SMH opened at $258.25 on Friday. VanEck Semiconductor ETF has a 12-month low of $177.40 and a 12-month high of $283.07. The firm has a market capitalization of $24.36 billion, a P/E ratio of 18.82 and a beta of 1.35. The firm has a 50-day moving average price of $247.11 and a 200 day moving average price of $246.10.

VanEck Semiconductor ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were issued a dividend of $1.0713 per share. 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.