ARS Investment Partners LLC Sells 397 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

ARS Investment Partners LLC decreased its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 2.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,665 shares of the company’s stock after selling 397 shares during the quarter. ARS Investment Partners LLC’s holdings in VanEck Semiconductor ETF were worth $4,036,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Mendota Financial Group LLC bought a new stake in shares of VanEck Semiconductor ETF in the third quarter valued at approximately $25,000. Financial Management Professionals Inc. bought a new position in shares of VanEck Semiconductor ETF in the 3rd quarter worth $28,000. Darwin Wealth Management LLC purchased a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter valued at $29,000. Pathway Financial Advisers LLC boosted 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 purchasing an additional 101 shares in the last quarter. Finally, PSI Advisors LLC purchased a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter valued at $39,000.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $258.25 on Tuesday. The firm has a market cap of $24.36 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 1 year low of $177.40 and a 1 year high of $283.07. The company has a 50-day moving average of $247.11 and a 200 day moving average of $245.81.

VanEck Semiconductor ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were paid a dividend of $1.0713 per share. 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.