Cooper Capital Advisors LLC Buys New Position in VanEck Semiconductor ETF $SMH

Cooper Capital Advisors LLC purchased a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 19,281 shares of the company’s stock, valued at approximately $6,293,000. VanEck Semiconductor ETF comprises about 4.1% of Cooper Capital Advisors LLC’s portfolio, making the stock its 14th biggest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in shares of VanEck Semiconductor ETF by 93.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,458,395 shares of the company’s stock valued at $406,718,000 after acquiring an additional 703,799 shares in the last quarter. Menora Mivtachim Holdings LTD. grew its stake in VanEck Semiconductor ETF by 15.5% in the second quarter. Menora Mivtachim Holdings LTD. now owns 573,500 shares of the company’s stock valued at $159,938,000 after purchasing an additional 77,000 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of VanEck Semiconductor ETF by 8.3% during the 2nd quarter. Raymond James Financial Inc. now owns 534,989 shares of the company’s stock worth $149,198,000 after purchasing an additional 40,831 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of VanEck Semiconductor ETF by 8.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 485,249 shares of the company’s stock worth $135,326,000 after purchasing an additional 37,955 shares in the last quarter. Finally, Meitav Investment House Ltd. raised its stake in shares of VanEck Semiconductor ETF by 26.0% during the 2nd quarter. Meitav Investment House Ltd. now owns 475,332 shares of the company’s stock worth $132,605,000 after purchasing an additional 97,941 shares in the last quarter.

VanEck Semiconductor ETF Trading Up 0.2%

NASDAQ SMH opened at $391.53 on Wednesday. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $396.10. The stock has a 50 day moving average of $358.61 and a 200-day moving average of $326.78. The company has a market cap of $41.79 billion, a PE ratio of 34.83 and a beta of 1.52.

VanEck Semiconductor ETF Announces Dividend

The company 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. This represents a dividend yield of 31.0%. The ex-dividend date of this dividend 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.