Stratos Wealth Partners LTD. Boosts Stock Position in VanEck Semiconductor ETF $SMH

Stratos Wealth Partners LTD. raised its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 10.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,983 shares of the company’s stock after buying an additional 2,384 shares during the period. Stratos Wealth Partners LTD.’s holdings in VanEck Semiconductor ETF were worth $8,154,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in VanEck Semiconductor ETF by 93.3% in the second quarter. JPMorgan Chase & Co. now owns 1,458,395 shares of the company’s stock valued at $406,718,000 after purchasing an additional 703,799 shares during the last quarter. CMT Capital Markets Trading GmbH boosted its holdings in shares of VanEck Semiconductor ETF by 102.0% in the 2nd quarter. CMT Capital Markets Trading GmbH now owns 10,437 shares of the company’s stock valued at $2,910,000 after buying an additional 531,232 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its position in shares of VanEck Semiconductor ETF by 3,235,614.3% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 453,000 shares of the company’s stock valued at $126,333,000 after buying an additional 452,986 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of VanEck Semiconductor ETF in the 2nd quarter valued at $62,748,000. Finally, Allianz SE acquired a new stake in VanEck Semiconductor ETF during the 2nd quarter worth $55,524,000.

VanEck Semiconductor ETF Price Performance

Shares of SMH opened at $414.78 on Thursday. VanEck Semiconductor ETF has a 1-year low of $170.11 and a 1-year high of $420.60. The stock has a market cap of $45.33 billion, a PE ratio of 34.83 and a beta of 1.52. The firm has a fifty day moving average price of $381.40 and a 200 day moving average price of $343.43.

VanEck Semiconductor ETF Announces Dividend

The company also recently announced an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued 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.