Pachira Investments Inc. Raises Position in VanEck Semiconductor ETF $SMH

Pachira Investments Inc. lifted its position in VanEck Semiconductor ETF (NASDAQ:SMHFree Report) by 203.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 8,663 shares of the company’s stock after acquiring an additional 5,806 shares during the period. VanEck Semiconductor ETF comprises about 1.6% of Pachira Investments Inc.’s investment portfolio, making the stock its 19th biggest holding. Pachira Investments Inc.’s holdings in VanEck Semiconductor ETF were worth $2,827,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in SMH. Grove Bank & Trust bought a new position in VanEck Semiconductor ETF in the 2nd quarter valued at approximately $25,000. Trust Co. of Toledo NA OH bought a new position in shares of VanEck Semiconductor ETF during the second quarter valued at $25,000. UMB Bank n.a. purchased a new stake in shares of VanEck Semiconductor ETF during the second quarter valued at $28,000. Hilltop National Bank bought a new stake in VanEck Semiconductor ETF in the 2nd quarter worth about $28,000. Finally, Fourth Dimension Wealth LLC bought a new stake in VanEck Semiconductor ETF in the 2nd quarter worth about $28,000.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH opened at $387.62 on Wednesday. The firm has a market cap of $40.11 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. The business has a 50-day simple moving average of $356.18 and a two-hundred day simple moving average of $322.76. VanEck Semiconductor ETF has a fifty-two week low of $170.11 and a fifty-two week high of $389.37.

VanEck Semiconductor ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a dividend of $1.1047 per share. The ex-dividend date was Monday, December 22nd. This represents a yield of 31.0%.

About VanEck Semiconductor ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding SMH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Semiconductor ETF (NASDAQ:SMHFree Report).

Institutional Ownership by Quarter for VanEck Semiconductor ETF (NASDAQ:SMH)

Receive News & Ratings for VanEck Semiconductor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Semiconductor ETF and related companies with MarketBeat.com's FREE daily email newsletter.