Madrona Financial Services LLC Raises Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Madrona Financial Services LLC increased its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 468.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,596 shares of the company’s stock after purchasing an additional 12,030 shares during the quarter. VanEck Semiconductor ETF accounts for 1.0% of Madrona Financial Services LLC’s investment portfolio, making the stock its 29th biggest position. Madrona Financial Services LLC’s holdings in VanEck Semiconductor ETF were worth $3,535,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in SMH. Hsbc Holdings PLC raised its position in VanEck Semiconductor ETF by 143.7% in the 2nd quarter. Hsbc Holdings PLC now owns 13,426 shares of the company’s stock worth $3,501,000 after purchasing an additional 7,916 shares during the period. Mount Yale Investment Advisors LLC purchased a new position in shares of VanEck Semiconductor ETF in the second quarter valued at about $227,000. Sfmg LLC increased its position in shares of VanEck Semiconductor ETF by 2.4% in the second quarter. Sfmg LLC now owns 4,240 shares of the company’s stock valued at $1,105,000 after acquiring an additional 100 shares during the period. Insigneo Advisory Services LLC increased its position in shares of VanEck Semiconductor ETF by 22.5% in the second quarter. Insigneo Advisory Services LLC now owns 9,647 shares of the company’s stock valued at $2,515,000 after acquiring an additional 1,770 shares during the period. Finally, AlTi Global Inc. purchased a new position in shares of VanEck Semiconductor ETF in the second quarter valued at about $290,000.

VanEck Semiconductor ETF Trading Down 1.8 %

SMH stock opened at $262.29 on Thursday. The firm’s 50-day moving average price is $247.81 and its two-hundred day moving average price is $245.83. VanEck Semiconductor ETF has a 12-month low of $184.15 and a 12-month high of $283.07. The stock has a market capitalization of $24.88 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

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