TruWealth Advisors LLC Acquires 2,797 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

TruWealth Advisors LLC raised its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 2.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 100,319 shares of the company’s stock after purchasing an additional 2,797 shares during the quarter. VanEck Semiconductor ETF accounts for about 1.5% of TruWealth Advisors LLC’s portfolio, making the stock its 21st largest position. TruWealth Advisors LLC owned about 0.10% of VanEck Semiconductor ETF worth $24,294,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Hsbc Holdings PLC boosted its holdings in shares of 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. AE Wealth Management LLC lifted its position in VanEck Semiconductor ETF by 54.6% in the second quarter. AE Wealth Management LLC now owns 17,599 shares of the company’s stock worth $4,588,000 after buying an additional 6,216 shares during the last quarter. Garden State Investment Advisory Services LLC boosted its stake in VanEck Semiconductor ETF by 3.8% during the second quarter. Garden State Investment Advisory Services LLC now owns 13,769 shares of the company’s stock worth $3,590,000 after buying an additional 508 shares during the period. Kayne Anderson Rudnick Investment Management LLC increased its position in VanEck Semiconductor ETF by 75.1% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 774 shares of the company’s stock valued at $202,000 after acquiring an additional 332 shares during the last quarter. Finally, Symmetry Investments LP bought a new position in VanEck Semiconductor ETF during the second quarter valued at $847,000.

VanEck Semiconductor ETF Trading Up 2.4 %

VanEck Semiconductor ETF 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 50-day moving average price of $247.11 and a 200-day moving average price of $246.10. The firm has a market capitalization of $24.36 billion, a PE ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

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