FSA Wealth Partners Inc. Makes New Investment in VanEck Semiconductor ETF $SMH

FSA Wealth Partners Inc. acquired a new position in VanEck Semiconductor ETF (NASDAQ:SMH) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,817 shares of the company’s stock, valued at approximately $919,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Realta Investment Advisors boosted its holdings in VanEck Semiconductor ETF by 84.4% in the 3rd quarter. Realta Investment Advisors now owns 83 shares of the company’s stock worth $27,000 after buying an additional 38 shares during the period. Trust Co. of Toledo NA OH purchased a new position in shares of VanEck Semiconductor ETF in the second quarter valued at about $25,000. Sound Income Strategies LLC lifted its position in shares of VanEck Semiconductor ETF by 175.8% in the third quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $31,000 after acquiring an additional 58 shares in the last quarter. Grey Fox Wealth Advisors LLC bought a new position in shares of VanEck Semiconductor ETF in the third quarter worth about $31,000. Finally, Hilltop National Bank bought a new position in shares of VanEck Semiconductor ETF in the second quarter worth about $28,000.

VanEck Semiconductor ETF Trading Down 3.4%

Shares of SMH opened at $403.46 on Friday. The business’s 50 day moving average is $373.54 and its 200 day moving average is $337.23. The company has a market capitalization of $43.53 billion, a PE ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 12-month low of $170.11 and a 12-month high of $420.60.

VanEck Semiconductor ETF Dividend Announcement

The business 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.