Perkins Coie Trust Co Grows Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

Perkins Coie Trust Co grew its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 1.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,697 shares of the company’s stock after purchasing an additional 275 shares during the period. VanEck Semiconductor ETF makes up about 1.3% of Perkins Coie Trust Co’s portfolio, making the stock its 22nd biggest holding. Perkins Coie Trust Co’s holdings in VanEck Semiconductor ETF were worth $5,739,000 at the end of the most recent quarter.

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

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $258.25 on Friday. The business’s 50-day simple moving average is $247.11 and its two-hundred day simple moving average is $246.10. The company has a market cap of $24.36 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a fifty-two week low of $177.40 and a fifty-two week high of $283.07.

VanEck Semiconductor ETF Announces Dividend

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