Fisher Asset Management LLC Cuts Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Fisher Asset Management LLC lessened its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 6.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 633,103 shares of the company’s stock after selling 42,329 shares during the quarter. Fisher Asset Management LLC owned approximately 0.67% of VanEck Semiconductor ETF worth $153,319,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SMH. Hartford Financial Management Inc. lifted its position in VanEck Semiconductor ETF by 61.9% in the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after buying an additional 39 shares during the last quarter. Nvwm LLC lifted its position in VanEck Semiconductor ETF by 2.2% in the third quarter. Nvwm LLC now owns 1,867 shares of the company’s stock valued at $458,000 after buying an additional 41 shares during the last quarter. Prime Capital Investment Advisors LLC lifted its position in shares of VanEck Semiconductor ETF by 4.3% during the third quarter. Prime Capital Investment Advisors LLC now owns 1,011 shares of the company’s stock worth $248,000 after purchasing an additional 42 shares in the last quarter. Clarity Capital Partners LLC lifted its position in shares of VanEck Semiconductor ETF by 2.8% during the third quarter. Clarity Capital Partners LLC now owns 1,590 shares of the company’s stock worth $390,000 after purchasing an additional 44 shares in the last quarter. Finally, Hemington Wealth Management lifted its position in shares of VanEck Semiconductor ETF by 50.6% during the fourth quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after purchasing an additional 44 shares in the last quarter.

VanEck Semiconductor ETF Stock Up 1.7 %

Shares of NASDAQ:SMH opened at $232.65 on Friday. The firm’s 50 day moving average price is $248.99 and its 200 day moving average price is $246.08. The stock has a market cap of $21.49 billion, a price-to-earnings ratio of 33.13 and a beta of 1.34. VanEck Semiconductor ETF has a fifty-two week low of $198.44 and a fifty-two week high of $283.07.

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 given a dividend of $1.0713 per share. The ex-dividend date of this dividend 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.