Quantbot Technologies LP Trims Stake in VanEck Semiconductor ETF $SMH

Quantbot Technologies LP lowered its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 77.0% in the 3rd quarter, Holdings Channel reports. The firm owned 2,228 shares of the company’s stock after selling 7,469 shares during the quarter. Quantbot Technologies LP’s holdings in VanEck Semiconductor ETF were worth $727,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. JPMorgan Chase & Co. grew its stake in shares of VanEck Semiconductor ETF by 93.3% during the second quarter. JPMorgan Chase & Co. now owns 1,458,395 shares of the company’s stock valued at $406,718,000 after buying an additional 703,799 shares during the last quarter. CMT Capital Markets Trading GmbH lifted its stake in shares of VanEck Semiconductor ETF by 102.0% during the 2nd quarter. CMT Capital Markets Trading GmbH now owns 10,437 shares of the company’s stock worth $2,910,000 after acquiring an additional 531,232 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter worth approximately $62,748,000. Allianz SE purchased a new position in VanEck Semiconductor ETF during the 2nd quarter valued at $55,524,000. Finally, Soros Capital Management LLC purchased a new position in VanEck Semiconductor ETF during the 2nd quarter valued at $31,541,000.

VanEck Semiconductor ETF Stock Down 3.7%

Shares of VanEck Semiconductor ETF stock opened at $380.56 on Friday. The stock’s fifty day moving average is $397.18 and its two-hundred day moving average is $356.96. VanEck Semiconductor ETF has a 52 week low of $170.11 and a 52 week high of $427.94. The company has a market capitalization of $41.59 billion, a PE ratio of 34.83 and a beta of 1.52.

VanEck Semiconductor ETF Dividend Announcement

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

VanEck Semiconductor ETF Company 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.