Thompson Davis & CO. Inc. Purchases New Holdings in VanEck Semiconductor ETF $SMH

Thompson Davis & CO. Inc. acquired a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,750 shares of the company’s stock, valued at approximately $897,000.

Other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in VanEck Semiconductor ETF by 93.3% during the second quarter. JPMorgan Chase & Co. now owns 1,458,395 shares of the company’s stock worth $406,718,000 after buying an additional 703,799 shares in the last quarter. Menora Mivtachim Holdings LTD. boosted its position in shares of VanEck Semiconductor ETF by 15.5% during the 2nd quarter. Menora Mivtachim Holdings LTD. now owns 573,500 shares of the company’s stock worth $159,938,000 after acquiring an additional 77,000 shares in the last quarter. Meitav Investment House Ltd. boosted its position in shares of VanEck Semiconductor ETF by 17.0% during the 3rd quarter. Meitav Investment House Ltd. now owns 556,289 shares of the company’s stock worth $181,266,000 after acquiring an additional 80,957 shares in the last quarter. Raymond James Financial Inc. increased its stake in VanEck Semiconductor ETF by 8.3% in the second quarter. Raymond James Financial Inc. now owns 534,989 shares of the company’s stock valued at $149,198,000 after acquiring an additional 40,831 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in VanEck Semiconductor ETF by 8.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 485,249 shares of the company’s stock valued at $135,326,000 after purchasing an additional 37,955 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock opened at $401.65 on Friday. VanEck Semiconductor ETF has a fifty-two week low of $170.11 and a fifty-two week high of $420.60. The company has a market cap of $43.90 billion, a PE ratio of 34.83 and a beta of 1.52. The stock’s fifty day moving average price is $378.42 and its two-hundred day moving average price is $340.50.

VanEck Semiconductor ETF Announces Dividend

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

VanEck Semiconductor ETF 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.