Kingswood Wealth Advisors LLC Acquires 2,244 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Kingswood Wealth Advisors LLC boosted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 19.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 13,880 shares of the company’s stock after acquiring an additional 2,244 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $3,361,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SMH. Healthcare of Ontario Pension Plan Trust Fund lifted 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 valued at $423,377,000 after acquiring an additional 514,000 shares during the period. JPMorgan Chase & Co. raised its holdings in VanEck Semiconductor ETF by 48.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock worth $319,983,000 after purchasing an additional 424,042 shares during the last quarter. Main Management ETF Advisors LLC lifted its position in VanEck Semiconductor ETF by 36.7% during the 3rd quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock valued at $231,415,000 after purchasing an additional 253,300 shares during the period. Meitav Investment House Ltd. boosted its stake in shares of VanEck Semiconductor ETF by 56.9% in the 3rd quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock valued at $147,260,000 after purchasing an additional 217,702 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. boosted its stake in shares of VanEck Semiconductor ETF by 144.3% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock valued at $83,114,000 after purchasing an additional 202,744 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

SMH opened at $261.53 on Monday. VanEck Semiconductor ETF has a fifty-two week low of $184.15 and a fifty-two week high of $283.07. The company has a market cap of $25.17 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The firm has a 50 day simple moving average of $248.62 and a 200 day simple moving average of $245.69.

VanEck Semiconductor ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 24th. Investors 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 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.