Moss Adams Wealth Advisors LLC Acquires 2,611 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Moss Adams Wealth Advisors LLC boosted its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 1.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 162,593 shares of the company’s stock after acquiring an additional 2,611 shares during the period. VanEck Semiconductor ETF accounts for 4.2% of Moss Adams Wealth Advisors LLC’s portfolio, making the stock its 9th largest position. Moss Adams Wealth Advisors LLC owned 0.17% of VanEck Semiconductor ETF worth $39,375,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mendota Financial Group LLC bought a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter valued at about $25,000. Financial Management Professionals Inc. acquired a new position in VanEck Semiconductor ETF during the third quarter valued at approximately $28,000. Darwin Wealth Management LLC bought a new stake in VanEck Semiconductor ETF in the third quarter valued at approximately $29,000. Pathway Financial Advisers LLC raised its holdings in VanEck Semiconductor ETF by 194.2% in the third quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock worth $38,000 after purchasing an additional 101 shares during the period. Finally, PSI Advisors LLC bought a new position in shares of VanEck Semiconductor ETF during the third quarter worth $39,000.

VanEck Semiconductor ETF Stock Up 2.4 %

Shares of SMH stock 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 fifty day moving average of $247.11 and a 200-day moving average of $246.10. The firm has a market capitalization of $24.36 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were issued a $1.0713 dividend. The ex-dividend date of this dividend 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.