VanEck Semiconductor ETF $SMH Shares Sold by Orleans Capital Management Corp LA

Orleans Capital Management Corp LA reduced its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 27.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,041 shares of the company’s stock after selling 5,828 shares during the quarter. VanEck Semiconductor ETF comprises approximately 3.2% of Orleans Capital Management Corp LA’s portfolio, making the stock its 5th biggest holding. Orleans Capital Management Corp LA’s holdings in VanEck Semiconductor ETF were worth $4,909,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. increased its position in VanEck Semiconductor ETF by 93.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,458,395 shares of the company’s stock worth $406,718,000 after purchasing an additional 703,799 shares in the last quarter. Menora Mivtachim Holdings LTD. lifted its holdings in VanEck Semiconductor ETF by 15.5% in the 2nd quarter. Menora Mivtachim Holdings LTD. now owns 573,500 shares of the company’s stock valued at $159,938,000 after purchasing an additional 77,000 shares in the last quarter. Meitav Investment House Ltd. lifted its holdings in VanEck Semiconductor ETF by 17.0% in the 3rd quarter. Meitav Investment House Ltd. now owns 556,289 shares of the company’s stock valued at $181,266,000 after purchasing an additional 80,957 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of VanEck Semiconductor ETF by 8.3% during the 2nd quarter. Raymond James Financial Inc. now owns 534,989 shares of the company’s stock worth $149,198,000 after purchasing an additional 40,831 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of VanEck Semiconductor ETF by 8.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 485,249 shares of the company’s stock worth $135,326,000 after purchasing an additional 37,955 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $380.56 on Friday. The company has a 50-day simple moving average of $397.18 and a 200-day simple moving average of $356.50. The company has a market cap of $41.59 billion, a PE ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $427.94.

VanEck Semiconductor ETF Dividend Announcement

The company also recently announced 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%.

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.