Park Avenue Securities LLC Sells 21,377 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Park Avenue Securities LLC trimmed its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 33.9% during the 4th quarter, HoldingsChannel reports. The fund owned 41,617 shares of the company’s stock after selling 21,377 shares during the quarter. Park Avenue Securities LLC’s holdings in VanEck Semiconductor ETF were worth $10,079,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in SMH. Mendota Financial Group LLC bought a new stake in shares of VanEck Semiconductor ETF during the third quarter valued at approximately $25,000. Financial Management Professionals Inc. bought a new stake in VanEck Semiconductor ETF in the 3rd quarter valued at $28,000. Darwin Wealth Management LLC acquired a new position in shares of VanEck Semiconductor ETF in the 3rd quarter valued at $29,000. Pathway Financial Advisers LLC lifted its holdings in shares of VanEck Semiconductor ETF by 194.2% during the 3rd quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock worth $38,000 after acquiring an additional 101 shares during the period. Finally, PSI Advisors LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter valued at about $39,000.

VanEck Semiconductor ETF Stock Up 0.3 %

NASDAQ:SMH opened at $245.44 on Wednesday. The firm has a market capitalization of $23.88 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 12-month low of $171.49 and a 12-month high of $283.07. The firm has a 50-day moving average price of $247.38 and a 200 day moving average price of $246.04.

VanEck Semiconductor ETF Dividend Announcement

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