Stevens Capital Management LP Makes New Investment in VanEck Semiconductor ETF $SMH

Stevens Capital Management LP acquired a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the 3rd quarter, Holdings Channel reports. The firm acquired 52,732 shares of the company’s stock, valued at approximately $17,210,000. VanEck Semiconductor ETF accounts for about 2.3% of Stevens Capital Management LP’s investment portfolio, making the stock its 11th biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Realta Investment Advisors increased its stake 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 buying an additional 38 shares during the last quarter. Sound Income Strategies LLC grew its holdings in VanEck Semiconductor ETF by 175.8% during 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 in the last quarter. Grey Fox Wealth Advisors LLC bought a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter worth about $31,000. Fourth Dimension Wealth LLC acquired a new stake in shares of VanEck Semiconductor ETF in the 2nd quarter valued at about $28,000. Finally, CX Institutional raised its stake in shares of VanEck Semiconductor ETF by 288.5% in the 3rd quarter. CX Institutional now owns 101 shares of the company’s stock valued at $33,000 after purchasing an additional 75 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

NASDAQ:SMH opened at $415.03 on Friday. The company has a market capitalization of $45.36 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a one year low of $170.11 and a one year high of $420.60. The stock has a 50-day simple moving average of $387.49 and a 200 day simple moving average of $348.85.

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 given a $1.1047 dividend. The ex-dividend date was Monday, December 22nd. This represents a dividend 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.