J.Safra Asset Management Corp Purchases 3,681 Shares of VanEck Semiconductor ETF $SMH

J.Safra Asset Management Corp boosted its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 3.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 105,909 shares of the company’s stock after purchasing an additional 3,681 shares during the period. VanEck Semiconductor ETF comprises about 2.1% of J.Safra Asset Management Corp’s investment portfolio, making the stock its 15th biggest position. J.Safra Asset Management Corp’s holdings in VanEck Semiconductor ETF were worth $34,564,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in SMH. JPMorgan Chase & Co. boosted its holdings in shares of VanEck Semiconductor ETF by 93.3% in 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 during the last quarter. Menora Mivtachim Holdings LTD. increased its holdings in VanEck Semiconductor ETF by 15.5% during the second quarter. Menora Mivtachim Holdings LTD. now owns 573,500 shares of the company’s stock valued at $159,938,000 after buying an additional 77,000 shares during the last quarter. Meitav Investment House Ltd. raised its position in VanEck Semiconductor ETF by 17.0% in the third 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 during the period. Raymond James Financial Inc. boosted its stake 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 acquiring an additional 40,831 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position 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 valued at $135,326,000 after acquiring an additional 37,955 shares during the period.

VanEck Semiconductor ETF Price Performance

NASDAQ:SMH opened at $400.39 on Friday. VanEck Semiconductor ETF has a one year low of $170.11 and a one year high of $405.31. The business has a fifty day moving average price of $361.14 and a 200-day moving average price of $328.90. The firm has a market capitalization of $42.50 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52.

VanEck Semiconductor ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a $1.1047 dividend. The ex-dividend date of this dividend 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.