VanEck Semiconductor ETF (NASDAQ:SMH) Sees Large Volume Increase – What’s Next?

Shares of VanEck Semiconductor ETF (NASDAQ:SMH) saw an uptick in trading volume on Monday . 10,254,753 shares traded hands during mid-day trading, an increase of 72% from the previous session’s volume of 5,978,354 shares.The stock last traded at $236.84 and had previously closed at $261.53.

VanEck Semiconductor ETF Trading Down 0.4 %

The company has a market capitalization of $23.05 billion, a P/E ratio of 18.82 and a beta of 1.35. The business has a 50 day moving average price of $248.43 and a 200 day moving average price of $244.95.

VanEck Semiconductor ETF Dividend Announcement

The firm also recently announced 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 was Monday, December 23rd.

Institutional Trading of VanEck Semiconductor ETF

A number of large investors have recently bought and sold shares of SMH. Mendota Financial Group LLC acquired a new position in VanEck Semiconductor ETF during the 3rd quarter worth approximately $25,000. Hartford Financial Management Inc. boosted its position in VanEck Semiconductor ETF by 61.9% during the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock worth $25,000 after acquiring an additional 39 shares during the last quarter. Mather Group LLC. boosted its holdings in shares of VanEck Semiconductor ETF by 320.0% in the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after buying an additional 80 shares during the last quarter. Financial Management Professionals Inc. acquired a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter valued at approximately $28,000. Finally, Darwin Wealth Management LLC acquired a new stake in VanEck Semiconductor ETF during the 3rd quarter valued at $29,000.

About VanEck Semiconductor ETF

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.