Quantitative Investment Management LLC Invests $4.46 Million in VanEck Semiconductor ETF $SMH

Quantitative Investment Management LLC acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 13,678 shares of the company’s stock, valued at approximately $4,463,000.

Other hedge funds have also made changes to their positions in the company. Realta Investment Advisors raised its holdings in VanEck Semiconductor ETF by 84.4% during the third quarter. Realta Investment Advisors now owns 83 shares of the company’s stock worth $27,000 after purchasing an additional 38 shares in the last quarter. Sound Income Strategies LLC lifted its position in VanEck Semiconductor ETF by 175.8% in the third quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock worth $31,000 after purchasing an additional 58 shares during the period. Grey Fox Wealth Advisors LLC bought a new position in VanEck Semiconductor ETF during the 3rd quarter valued at $31,000. CX Institutional boosted its stake in VanEck Semiconductor ETF by 288.5% during the 3rd quarter. CX Institutional now owns 101 shares of the company’s stock valued at $33,000 after purchasing an additional 75 shares in the last quarter. Finally, Luminist Capital LLC increased its position in shares of VanEck Semiconductor ETF by 42.1% during the 2nd quarter. Luminist Capital LLC now owns 135 shares of the company’s stock valued at $37,000 after purchasing an additional 40 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock opened at $388.13 on Friday. VanEck Semiconductor ETF has a 1 year low of $170.11 and a 1 year high of $427.94. The business’s fifty day moving average is $399.84 and its 200-day moving average is $359.42. The stock has a market cap of $42.42 billion, a PE ratio of 34.83 and a beta of 1.52.

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 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.