ADAPT Investment Managers SA Takes Position in VanEck Semiconductor ETF $SMH

ADAPT Investment Managers SA bought a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMHFree Report) during the 3rd quarter, Holdings Channel reports. The firm bought 34,434 shares of the company’s stock, valued at approximately $11,238,000. VanEck Semiconductor ETF comprises 0.1% of ADAPT Investment Managers SA’s investment portfolio, making the stock its 3rd biggest holding.

Several other institutional investors and hedge funds have also bought and sold shares of SMH. Grove Bank & Trust bought a new position in VanEck Semiconductor ETF in the 2nd quarter worth $25,000. Trust Co. of Toledo NA OH purchased a new stake in VanEck Semiconductor ETF in the second quarter worth about $25,000. Realta Investment Advisors boosted its position in shares of VanEck Semiconductor ETF by 84.4% in the third quarter. Realta Investment Advisors now owns 83 shares of the company’s stock worth $27,000 after purchasing an additional 38 shares during the period. UMB Bank n.a. purchased a new position in shares of VanEck Semiconductor ETF in the second quarter valued at about $28,000. Finally, Hilltop National Bank bought a new stake in VanEck Semiconductor ETF during the 2nd quarter valued at approximately $28,000.

VanEck Semiconductor ETF Stock Performance

SMH stock opened at $400.39 on Friday. VanEck Semiconductor ETF has a fifty-two week low of $170.11 and a fifty-two week high of $405.31. The firm has a fifty day moving average price of $361.14 and a 200 day moving average price of $328.90. The firm has a market cap of $42.50 billion, a PE ratio of 34.83 and a beta of 1.52.

VanEck Semiconductor ETF Dividend Announcement

The business also recently disclosed 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. This represents a dividend yield of 31.0%. The ex-dividend date was Monday, December 22nd.

About VanEck Semiconductor ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SMH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Semiconductor ETF (NASDAQ:SMHFree Report).

Institutional Ownership by Quarter for VanEck Semiconductor ETF (NASDAQ:SMH)

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