Ausdal Financial Partners Inc. Grows Holdings in VanEck Semiconductor ETF $SMH

Ausdal Financial Partners Inc. grew its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 60.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,605 shares of the company’s stock after purchasing an additional 7,784 shares during the period. Ausdal Financial Partners Inc.’s holdings in VanEck Semiconductor ETF were worth $6,725,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of Nova Scotia raised its position in shares of VanEck Semiconductor ETF by 24,986.6% in the third quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock valued at $246,437,000 after buying an additional 752,097 shares during the last quarter. JPMorgan Chase & Co. boosted its position in VanEck Semiconductor ETF by 93.3% during the second quarter. JPMorgan Chase & Co. now owns 1,458,395 shares of the company’s stock worth $406,718,000 after acquiring an additional 703,799 shares during the last quarter. Capital Markets Trading UK LLP boosted its position in VanEck Semiconductor ETF by 100.7% during the third quarter. Capital Markets Trading UK LLP now owns 4,319 shares of the company’s stock worth $1,410,000 after acquiring an additional 617,050 shares during the last quarter. CMT Capital Markets Trading GmbH grew its stake in VanEck Semiconductor ETF by 102.0% in the 2nd quarter. CMT Capital Markets Trading GmbH now owns 10,437 shares of the company’s stock worth $2,910,000 after acquiring an additional 531,232 shares during the period. Finally, Schonfeld Strategic Advisors LLC grew its stake in VanEck Semiconductor ETF by 104.6% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 10,908 shares of the company’s stock worth $3,560,000 after acquiring an additional 247,500 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $387.33 on Friday. VanEck Semiconductor ETF has a fifty-two week low of $170.11 and a fifty-two week high of $427.94. The company has a market capitalization of $42.33 billion, a PE ratio of 34.83 and a beta of 1.52. The stock has a fifty day moving average of $400.12 and a two-hundred day moving average of $360.51.

VanEck Semiconductor ETF Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a $1.1047 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a dividend 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.