Clal Insurance Enterprises Holdings Ltd Sells 50,000 Shares of VanEck Semiconductor ETF $SMH

Clal Insurance Enterprises Holdings Ltd reduced its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 22.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 175,000 shares of the company’s stock after selling 50,000 shares during the period. Clal Insurance Enterprises Holdings Ltd owned about 0.17% of VanEck Semiconductor ETF worth $57,113,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SMH. Wealth Enhancement Advisory Services LLC grew its holdings in VanEck Semiconductor ETF by 5.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 32,403 shares of the company’s stock valued at $10,921,000 after buying an additional 1,666 shares in the last quarter. Element Wealth LLC bought a new position in VanEck Semiconductor ETF during the third quarter worth about $515,000. AE Wealth Management LLC raised its stake in VanEck Semiconductor ETF by 168.8% in the 2nd quarter. AE Wealth Management LLC now owns 49,509 shares of the company’s stock worth $13,807,000 after purchasing an additional 31,089 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in VanEck Semiconductor ETF by 136.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,450 shares of the company’s stock valued at $3,407,000 after purchasing an additional 6,026 shares during the period. Finally, Advyzon Investment Management LLC bought a new stake in VanEck Semiconductor ETF in the 2nd quarter valued at about $2,745,000.

VanEck Semiconductor ETF Trading Down 1.4%

Shares of SMH opened at $406.37 on Friday. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $427.94. The firm’s 50 day moving average is $394.07 and its 200-day moving average is $353.19. The stock has a market capitalization of $44.41 billion, a PE 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. Shareholders of record on Monday, December 22nd were issued a $1.1047 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a 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.