5,464 Shares in VanEck Semiconductor ETF $SMH Bought by Chemung Canal Trust Co.

Chemung Canal Trust Co. bought a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 5,464 shares of the company’s stock, valued at approximately $1,783,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Abound Wealth Management increased its position 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 valued at $277,000 after purchasing an additional 34 shares during the last quarter. Smithfield Trust Co raised its stake in VanEck Semiconductor ETF by 16.6% during the 2nd quarter. Smithfield Trust Co now owns 253 shares of the company’s stock worth $71,000 after acquiring an additional 36 shares during the period. Hall Capital Management Co. Inc. lifted its stake in shares of VanEck Semiconductor ETF by 0.3% during the 2nd quarter. Hall Capital Management Co. Inc. now owns 12,867 shares of the company’s stock valued at $3,588,000 after buying an additional 37 shares in the last quarter. FSA Advisors Inc. lifted its position in shares of VanEck Semiconductor ETF by 3.9% in the second quarter. FSA Advisors Inc. now owns 1,037 shares of the company’s stock valued at $289,000 after acquiring an additional 39 shares in the last quarter. Finally, Welch Group LLC lifted its holdings in VanEck Semiconductor ETF by 1.4% in the 3rd quarter. Welch Group LLC now owns 2,873 shares of the company’s stock worth $938,000 after purchasing an additional 39 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH opened at $364.21 on Tuesday. The firm has a fifty day moving average price of $353.80 and a 200 day moving average price of $318.15. VanEck Semiconductor ETF has a fifty-two week low of $170.11 and a fifty-two week high of $375.59. The firm has a market cap of $36.56 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52.

VanEck Semiconductor ETF Dividend Announcement

The company also recently declared 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 Company 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.