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

Fisher Asset Management LLC cut its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 6.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 633,103 shares of the company’s stock after selling 42,329 shares during the period. Fisher Asset Management LLC’s holdings in VanEck Semiconductor ETF were worth $153,319,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. FMR LLC increased its position in VanEck Semiconductor ETF by 7.2% during the 3rd quarter. FMR LLC now owns 19,264 shares of the company’s stock worth $4,728,000 after purchasing an additional 1,297 shares in the last quarter. Savant Capital LLC purchased a new position in shares of VanEck Semiconductor ETF during the 4th quarter valued at approximately $403,000. JPMorgan Chase & Co. boosted its stake in shares of VanEck Semiconductor ETF by 48.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after buying an additional 424,042 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new position in VanEck Semiconductor ETF during the third quarter worth $418,000. Finally, GAMMA Investing LLC lifted its stake in VanEck Semiconductor ETF by 180.0% during the fourth quarter. GAMMA Investing LLC now owns 350 shares of the company’s stock worth $85,000 after purchasing an additional 225 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $232.65 on Friday. VanEck Semiconductor ETF has a 1-year low of $198.44 and a 1-year high of $283.07. The business’s fifty day moving average price is $248.99 and its two-hundred day moving average price is $246.08. The firm has a market capitalization of $21.49 billion, a PE ratio of 33.13 and a beta of 1.34.

VanEck Semiconductor ETF Announces Dividend

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

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.