Calton & Associates Inc. Decreases Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Calton & Associates Inc. trimmed its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 57.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,439 shares of the company’s stock after selling 1,933 shares during the period. Calton & Associates Inc.’s holdings in VanEck Semiconductor ETF were worth $349,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Mendota Financial Group LLC purchased a new position in shares of VanEck Semiconductor ETF during the third quarter worth about $25,000. Financial Management Professionals Inc. purchased a new position in VanEck Semiconductor ETF during the 3rd quarter worth approximately $28,000. Darwin Wealth Management LLC acquired a new position in VanEck Semiconductor ETF during the third quarter worth approximately $29,000. Pathway Financial Advisers LLC lifted its stake in VanEck Semiconductor ETF by 194.2% in the third quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock valued at $38,000 after buying an additional 101 shares during the last quarter. Finally, Fifth Third Bancorp boosted its holdings in shares of VanEck Semiconductor ETF by 80.2% in the fourth quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock valued at $38,000 after acquiring an additional 69 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $245.17 on Friday. The firm’s fifty day simple moving average is $248.37 and its 200-day simple moving average is $244.91. 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 $24.27 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

The firm 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 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.