World Equity Group Inc. Invests $248,000 in VanEck Semiconductor ETF (NASDAQ:SMH)

World Equity Group Inc. bought a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,022 shares of the company’s stock, valued at approximately $248,000.

Several other institutional investors and hedge funds have also made changes to their positions in SMH. Hartford Financial Management Inc. lifted its holdings in VanEck Semiconductor ETF by 61.9% in the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after acquiring an additional 39 shares during the last quarter. Mather Group LLC. lifted its holdings in VanEck Semiconductor ETF by 320.0% in the fourth quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after acquiring an additional 80 shares during the last quarter. Financial Management Professionals Inc. acquired a new position in VanEck Semiconductor ETF in the third quarter valued at approximately $28,000. Darwin Wealth Management LLC acquired a new position in VanEck Semiconductor ETF in the third quarter valued at approximately $29,000. Finally, Hemington Wealth Management lifted its holdings in VanEck Semiconductor ETF by 50.6% in the fourth quarter. Hemington Wealth Management now owns 131 shares of the company’s stock valued at $31,000 after acquiring an additional 44 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

SMH opened at $243.42 on Tuesday. VanEck Semiconductor ETF has a one year low of $198.44 and a one year high of $283.07. The stock has a market capitalization of $23.05 billion, a PE ratio of 18.82 and a beta of 1.35. The business’s 50 day moving average price is $249.59 and its 200 day moving average price is $246.02.

VanEck Semiconductor ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were issued a $1.0713 dividend. 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.