Claro Advisors LLC Has $1.86 Million Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

Claro Advisors LLC grew its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 11.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,666 shares of the company’s stock after buying an additional 799 shares during the quarter. Claro Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $1,856,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in SMH. Oppenheimer & Co. Inc. raised its stake in VanEck Semiconductor ETF by 4.7% during the second quarter. Oppenheimer & Co. Inc. now owns 22,292 shares of the company’s stock worth $5,812,000 after acquiring an additional 997 shares in the last quarter. Thoroughbred Financial Services LLC grew its stake in shares of VanEck Semiconductor ETF by 72.1% during the second quarter. Thoroughbred Financial Services LLC now owns 6,433 shares of the company’s stock worth $1,677,000 after buying an additional 2,695 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of VanEck Semiconductor ETF by 38.6% during the second quarter. Envestnet Asset Management Inc. now owns 387,637 shares of the company’s stock worth $101,057,000 after buying an additional 107,902 shares during the last quarter. Lyell Wealth Management LP increased its holdings in shares of VanEck Semiconductor ETF by 4.8% during the second quarter. Lyell Wealth Management LP now owns 58,651 shares of the company’s stock worth $15,290,000 after buying an additional 2,707 shares in the last quarter. Finally, Mystic Asset Management Inc. lifted its stake in shares of VanEck Semiconductor ETF by 6.5% in the 2nd quarter. Mystic Asset Management Inc. now owns 2,893 shares of the company’s stock valued at $754,000 after acquiring an additional 177 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH traded down $3.06 during midday trading on Monday, hitting $244.12. 5,268,824 shares of the stock were exchanged, compared to its average volume of 6,410,363. The business’s 50-day moving average price is $247.43 and its 200 day moving average price is $246.25. VanEck Semiconductor ETF has a 12 month low of $171.49 and a 12 month high of $283.07. 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 Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were issued a dividend of $1.0713 per share. The ex-dividend date 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.