VanEck Semiconductor ETF (NASDAQ:SMH) Shares Sold by Novare Capital Management LLC

Novare Capital Management LLC lowered its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 0.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,806 shares of the company’s stock after selling 87 shares during the quarter. Novare Capital Management LLC’s holdings in VanEck Semiconductor ETF were worth $2,617,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in SMH. AQR Capital Management LLC acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at approximately $488,000. Scientech Research LLC purchased a new stake in VanEck Semiconductor ETF in the 2nd quarter valued at approximately $663,000. Main Management Fund Advisors LLC grew its holdings in VanEck Semiconductor ETF by 8.6% during the 2nd quarter. Main Management Fund Advisors LLC now owns 286,000 shares of the company’s stock valued at $74,560,000 after buying an additional 22,700 shares during the last quarter. Susquehanna International Group Ltd. purchased a new position in VanEck Semiconductor ETF during the second quarter worth $310,000. Finally, Raab & Moskowitz Asset Management LLC acquired a new position in shares of VanEck Semiconductor ETF in the second quarter worth $201,000.

VanEck Semiconductor ETF Trading Down 2.0 %

VanEck Semiconductor ETF stock opened at $261.53 on Friday. The stock has a 50-day moving average price of $248.62 and a 200 day moving average price of $245.89. VanEck Semiconductor ETF has a 52 week low of $184.15 and a 52 week high of $283.07. The stock has a market cap of $25.17 billion, a PE ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

The firm also recently declared 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 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.