Pallas Capital Advisors LLC Has $303,000 Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Pallas Capital Advisors LLC grew its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 6.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,250 shares of the company’s stock after acquiring an additional 79 shares during the period. Pallas Capital Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $303,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Miracle Mile Advisors LLC purchased a new position in shares of VanEck Semiconductor ETF during the fourth quarter valued at approximately $981,000. Claro Advisors LLC boosted its holdings in VanEck Semiconductor ETF by 11.6% during the 4th quarter. Claro Advisors LLC now owns 7,666 shares of the company’s stock worth $1,856,000 after acquiring an additional 799 shares during the last quarter. Cooper Financial Group boosted its holdings in VanEck Semiconductor ETF by 36.6% during the 4th quarter. Cooper Financial Group now owns 1,422 shares of the company’s stock worth $344,000 after acquiring an additional 381 shares during the last quarter. Future Financial Wealth Managment LLC grew its stake in shares of VanEck Semiconductor ETF by 6.4% in the 4th quarter. Future Financial Wealth Managment LLC now owns 6,944 shares of the company’s stock worth $1,682,000 after acquiring an additional 420 shares in the last quarter. Finally, Wedmont Private Capital raised its holdings in shares of VanEck Semiconductor ETF by 47.0% in the fourth quarter. Wedmont Private Capital now owns 1,767 shares of the company’s stock valued at $437,000 after purchasing an additional 565 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

SMH opened at $251.21 on Thursday. VanEck Semiconductor ETF has a fifty-two week low of $171.49 and a fifty-two week high of $283.07. The company’s 50-day moving average is $247.38 and its 200 day moving average is $246.04. The firm has a market capitalization of $24.44 billion, a P/E ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were paid a $1.0713 dividend. The ex-dividend date was Monday, December 23rd.

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.