VanEck Semiconductor ETF $SMH Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. decreased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 0.6% during the third quarter, Holdings Channel.com reports. The firm owned 282,771 shares of the company’s stock after selling 1,820 shares during the period. Envestnet Asset Management Inc.’s holdings in VanEck Semiconductor ETF were worth $92,285,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of SMH. Alpha Cubed Investments LLC lifted its position in shares of VanEck Semiconductor ETF by 2.5% during the 3rd quarter. Alpha Cubed Investments LLC now owns 1,170 shares of the company’s stock valued at $382,000 after buying an additional 28 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its holdings in VanEck Semiconductor ETF by 24.1% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 144 shares of the company’s stock valued at $46,000 after purchasing an additional 28 shares in the last quarter. Klingman & Associates LLC boosted its stake in VanEck Semiconductor ETF by 2.7% during the 3rd quarter. Klingman & Associates LLC now owns 1,100 shares of the company’s stock worth $359,000 after purchasing an additional 29 shares during the last quarter. Global Financial Private Client LLC boosted its position in VanEck Semiconductor ETF by 0.8% during the third quarter. Global Financial Private Client LLC now owns 3,947 shares of the company’s stock worth $1,288,000 after acquiring an additional 32 shares during the last quarter. Finally, Abound Wealth Management boosted its holdings in shares of VanEck Semiconductor ETF by 4.2% during the 3rd quarter. Abound Wealth Management now owns 848 shares of the company’s stock worth $277,000 after purchasing an additional 34 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $401.65 on Friday. The stock’s fifty day moving average is $378.42 and its two-hundred day moving average is $340.89. The firm has a market capitalization of $43.90 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 $420.60.

VanEck Semiconductor ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Friday, December 26th. Shareholders 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 yield of 31.0%.

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.