Diversified Enterprises LLC Has $41.73 Million Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

Diversified Enterprises LLC raised its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 19.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 172,313 shares of the company’s stock after purchasing an additional 27,572 shares during the quarter. VanEck Semiconductor ETF accounts for about 4.0% of Diversified Enterprises LLC’s investment portfolio, making the stock its 5th largest position. Diversified Enterprises LLC’s holdings in VanEck Semiconductor ETF were worth $41,729,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in SMH. Hartford Financial Management Inc. increased its position in VanEck Semiconductor ETF by 61.9% in the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock worth $25,000 after purchasing an additional 39 shares during the last quarter. Duncker Streett & Co. Inc. increased its holdings in shares of VanEck Semiconductor ETF by 3.9% during the fourth quarter. Duncker Streett & Co. Inc. now owns 1,081 shares of the company’s stock valued at $262,000 after acquiring an additional 41 shares in the last quarter. Prime Capital Investment Advisors LLC increased its holdings in shares of VanEck Semiconductor ETF by 4.3% during the third quarter. Prime Capital Investment Advisors LLC now owns 1,011 shares of the company’s stock valued at $248,000 after acquiring an additional 42 shares in the last quarter. Hemington Wealth Management increased its holdings in VanEck Semiconductor ETF by 50.6% in the 4th quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after buying an additional 44 shares during the period. Finally, Smith Anglin Financial LLC increased its holdings in VanEck Semiconductor ETF by 1.3% in the 4th quarter. Smith Anglin Financial LLC now owns 3,545 shares of the company’s stock worth $859,000 after buying an additional 45 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $226.57 on Friday. VanEck Semiconductor ETF has a 12 month low of $198.44 and a 12 month high of $283.07. The stock has a market capitalization of $21.45 billion, a price-to-earnings ratio of 33.13 and a beta of 1.35. The firm’s 50 day simple moving average is $243.81 and its 200-day simple moving average is $244.41.

VanEck Semiconductor ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were given a dividend of $1.0713 per share. The ex-dividend date of this dividend 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.