Orion Porfolio Solutions LLC Has $17.54 Million Holdings in VanEck Semiconductor ETF $SMH

Orion Porfolio Solutions LLC boosted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 6.7% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 53,741 shares of the company’s stock after purchasing an additional 3,364 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in VanEck Semiconductor ETF were worth $17,539,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in SMH. AQR Capital Management LLC boosted its stake in VanEck Semiconductor ETF by 4.8% during the 1st quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock worth $504,000 after acquiring an additional 109 shares during the last quarter. Empowered Funds LLC increased its position in shares of VanEck Semiconductor ETF by 32.5% during the first quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock worth $2,493,000 after acquiring an additional 2,890 shares in the last quarter. Mission Wealth Management LP acquired a new position in shares of VanEck Semiconductor ETF during the second quarter worth about $224,000. Burney Co. bought a new stake in VanEck Semiconductor ETF in the 2nd quarter valued at approximately $260,000. Finally, Ring Mountain Capital LLC boosted its position in VanEck Semiconductor ETF by 9.3% during the 2nd quarter. Ring Mountain Capital LLC now owns 31,554 shares of the company’s stock worth $9,160,000 after acquiring an additional 2,686 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

VanEck Semiconductor ETF stock opened at $399.10 on Thursday. The firm has a 50-day moving average of $396.26 and a 200-day moving average of $355.64. The company has a market cap of $43.62 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a one year low of $170.11 and a one year high of $427.94.

VanEck Semiconductor ETF Announces Dividend

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. This represents a dividend yield of 31.0%. The ex-dividend date 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.