Quantbot Technologies LP Decreases Stake in VanEck Semiconductor ETF $SMH

Quantbot Technologies LP cut its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 77.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,228 shares of the company’s stock after selling 7,469 shares during the period. Quantbot Technologies LP’s holdings in VanEck Semiconductor ETF were worth $727,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC lifted its stake in shares of VanEck Semiconductor ETF by 5.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 32,403 shares of the company’s stock valued at $10,921,000 after purchasing an additional 1,666 shares during the last quarter. Element Wealth LLC purchased a new position in shares of VanEck Semiconductor ETF in the 3rd quarter worth approximately $515,000. AE Wealth Management LLC increased its position in shares of VanEck Semiconductor ETF by 168.8% during the 2nd quarter. AE Wealth Management LLC now owns 49,509 shares of the company’s stock valued at $13,807,000 after purchasing an additional 31,089 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in VanEck Semiconductor ETF by 136.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 10,450 shares of the company’s stock valued at $3,407,000 after buying an additional 6,026 shares during the period. Finally, Advyzon Investment Management LLC purchased a new stake in VanEck Semiconductor ETF during the 2nd quarter valued at $2,745,000.

VanEck Semiconductor ETF Stock Down 3.7%

Shares of SMH opened at $380.56 on Friday. The business has a fifty day moving average of $397.18 and a 200 day moving average of $356.96. The company has a market cap of $41.59 billion, a PE ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $427.94.

VanEck Semiconductor ETF Dividend Announcement

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

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.