3,433 Shares in VanEck Semiconductor ETF $SMH Acquired by Q3 Asset Management

Q3 Asset Management acquired a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,433 shares of the company’s stock, valued at approximately $1,128,000. VanEck Semiconductor ETF accounts for approximately 0.4% of Q3 Asset Management’s portfolio, making the stock its 27th largest holding.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SMH. Grove Bank & Trust purchased a new position in VanEck Semiconductor ETF during the second quarter valued at $25,000. Trust Co. of Toledo NA OH bought a new stake in shares of VanEck Semiconductor ETF in the second quarter worth about $25,000. Realta Investment Advisors increased its stake in VanEck Semiconductor ETF by 84.4% in the 3rd quarter. Realta Investment Advisors now owns 83 shares of the company’s stock worth $27,000 after acquiring an additional 38 shares during the last quarter. UMB Bank n.a. purchased a new stake in VanEck Semiconductor ETF during the second quarter valued at $28,000. Finally, Hilltop National Bank bought a new position in shares of VanEck Semiconductor ETF in the 2nd quarter valued at about $28,000.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $391.53 on Wednesday. The business’s 50 day moving average price is $358.61 and its 200-day moving average price is $326.78. The company has a market cap of $41.79 billion, a P/E ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a fifty-two week low of $170.11 and a fifty-two week high of $396.10.

VanEck Semiconductor ETF Dividend Announcement

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

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.