Prospera Financial Services Inc Lowers Position in VanEck Semiconductor ETF $SMH

Prospera Financial Services Inc lessened its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 8.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 57,495 shares of the company’s stock after selling 5,383 shares during the period. Prospera Financial Services Inc owned 0.06% of VanEck Semiconductor ETF worth $18,765,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Yahav Achim Ve Achayot Provident Funds Management Co Ltd. boosted its stake in shares of VanEck Semiconductor ETF by 67.7% in the third quarter. Yahav Achim Ve Achayot Provident Funds Management Co Ltd. now owns 8,048 shares of the company’s stock worth $2,619,000 after buying an additional 3,248 shares during the last quarter. Legacy Financial Strategies LLC raised its position in shares of VanEck Semiconductor ETF by 241.4% in the third quarter. Legacy Financial Strategies LLC now owns 14,109 shares of the company’s stock valued at $4,605,000 after buying an additional 9,976 shares during the last quarter. Tempus Wealth Planning LLC boosted its holdings in shares of VanEck Semiconductor ETF by 3.4% during the 3rd quarter. Tempus Wealth Planning LLC now owns 1,200 shares of the company’s stock worth $392,000 after purchasing an additional 40 shares during the last quarter. RFG Advisory LLC grew its holdings in VanEck Semiconductor ETF by 20.5% in the 3rd quarter. RFG Advisory LLC now owns 1,818 shares of the company’s stock valued at $593,000 after buying an additional 309 shares in the last quarter. Finally, Nikulski Financial Inc. increased its holdings in shares of VanEck Semiconductor ETF by 72.4% during the 3rd quarter. Nikulski Financial Inc. now owns 3,883 shares of the company’s stock worth $1,267,000 after buying an additional 1,631 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 1.2%

Shares of NASDAQ SMH opened at $406.65 on Tuesday. VanEck Semiconductor ETF has a twelve month low of $170.11 and a twelve month high of $420.60. The stock has a fifty day simple moving average of $379.49 and a 200-day simple moving average of $342.11. The stock has a market capitalization of $44.44 billion, a PE ratio of 34.83 and a beta of 1.52.

VanEck Semiconductor ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a $1.1047 dividend. The ex-dividend date was Monday, December 22nd. This represents a yield of 31.0%.

About VanEck Semiconductor ETF

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.