J.W. Cole Advisors Inc. Decreases Position in VanEck Semiconductor ETF $SMH

J.W. Cole Advisors Inc. trimmed its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 8.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,836 shares of the company’s stock after selling 2,865 shares during the period. J.W. Cole Advisors Inc.’s holdings in VanEck Semiconductor ETF were worth $10,390,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Realta Investment Advisors lifted its position in 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 buying an additional 38 shares during the last quarter. Trust Co. of Toledo NA OH purchased a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at $25,000. Sound Income Strategies LLC lifted its holdings in shares of VanEck Semiconductor ETF by 175.8% in the 3rd quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock worth $31,000 after acquiring an additional 58 shares during the last quarter. Grey Fox Wealth Advisors LLC purchased a new position in shares of VanEck Semiconductor ETF during the 3rd quarter worth about $31,000. Finally, Hilltop National Bank bought a new position in VanEck Semiconductor ETF during the 2nd quarter valued at about $28,000.

VanEck Semiconductor ETF Price Performance

VanEck Semiconductor ETF stock opened at $397.68 on Wednesday. VanEck Semiconductor ETF has a 1-year low of $170.11 and a 1-year high of $420.60. The company’s 50-day moving average is $376.07 and its 200 day moving average is $339.14. The firm has a market capitalization of $43.24 billion, a P/E ratio of 34.83 and a beta of 1.52.

VanEck Semiconductor ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a $1.1047 dividend. The ex-dividend date 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.