HBW Advisory Services LLC Has $1.85 Million Position in VanEck Semiconductor ETF (NASDAQ:SMH)

HBW Advisory Services LLC lessened its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 4.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,624 shares of the company’s stock after selling 390 shares during the quarter. HBW Advisory Services LLC’s holdings in VanEck Semiconductor ETF were worth $1,846,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Mendota Financial Group LLC bought a new position in shares of VanEck Semiconductor ETF in the 3rd quarter valued at $25,000. Financial Management Professionals Inc. bought a new position in shares of VanEck Semiconductor ETF in the 3rd quarter valued at $28,000. Darwin Wealth Management LLC bought a new position in shares of VanEck Semiconductor ETF in the 3rd quarter valued at $29,000. Pathway Financial Advisers LLC lifted its stake 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 last quarter. Finally, PSI Advisors LLC bought a new position in VanEck Semiconductor ETF during the 3rd quarter worth $39,000.

VanEck Semiconductor ETF Trading Down 1.7 %

NASDAQ:SMH traded down $4.39 during trading hours on Friday, hitting $247.84. 5,399,653 shares of the company were exchanged, compared to its average volume of 6,360,478. The stock has a market capitalization of $23.75 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a one year low of $170.19 and a one year high of $283.07. The company has a fifty day simple moving average of $247.38 and a 200 day simple moving average of $246.52.

VanEck Semiconductor ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 24th. Investors 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.

VanEck Semiconductor ETF Company 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.