Eclectic Associates Inc. ADV Purchases Shares of 11,960 VanEck Semiconductor ETF (NASDAQ:SMH)

Eclectic Associates Inc. ADV acquired a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 11,960 shares of the company’s stock, valued at approximately $2,896,000. VanEck Semiconductor ETF accounts for 0.9% of Eclectic Associates Inc. ADV’s investment portfolio, making the stock its 25th biggest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of VanEck Semiconductor ETF by 46.3% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,624,000 shares of the company’s stock worth $423,377,000 after purchasing an additional 514,000 shares during the period. JPMorgan Chase & Co. boosted its stake in VanEck Semiconductor ETF by 48.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after purchasing an additional 424,042 shares during the period. Main Management ETF Advisors LLC grew its holdings in VanEck Semiconductor ETF by 36.7% in the 3rd quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock valued at $231,415,000 after buying an additional 253,300 shares in the last quarter. Meitav Investment House Ltd. increased its position in VanEck Semiconductor ETF by 56.9% during the 3rd quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock worth $147,260,000 after buying an additional 217,702 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its holdings in shares of VanEck Semiconductor ETF by 144.3% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock worth $83,114,000 after buying an additional 202,744 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of VanEck Semiconductor ETF stock opened at $261.53 on Friday. The firm has a 50-day moving average of $248.18 and a 200-day moving average of $245.98. 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 $24.80 billion, a PE ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

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