Prospera Financial Services Inc Trims Stock Position in VanEck Semiconductor ETF $SMH

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

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC boosted its holdings in VanEck Semiconductor ETF by 5.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 32,403 shares of the company’s stock valued at $10,921,000 after acquiring an additional 1,666 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in VanEck Semiconductor ETF by 13.0% in the second quarter. Allspring Global Investments Holdings LLC now owns 3,469 shares of the company’s stock worth $967,000 after purchasing an additional 400 shares during the period. Element Wealth LLC bought a new position in VanEck Semiconductor ETF during the third quarter worth about $515,000. Farther Finance Advisors LLC increased its stake 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 worth $3,407,000 after purchasing an additional 6,026 shares in the last quarter. Finally, AE Wealth Management LLC boosted its holdings in shares of VanEck Semiconductor ETF by 168.8% in the second quarter. AE Wealth Management LLC now owns 49,509 shares of the company’s stock valued at $13,807,000 after buying an additional 31,089 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $406.65 on Tuesday. The firm has a market cap of $44.44 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. The stock’s 50-day moving average is $379.49 and its 200-day moving average is $342.11. VanEck Semiconductor ETF has a one year low of $170.11 and a one year high of $420.60.

VanEck Semiconductor ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were given a dividend of $1.1047 per share. This represents a 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.