Fisher Asset Management LLC Sells 10,431 Shares of VanEck Semiconductor ETF $SMH

Fisher Asset Management LLC lowered its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 6.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 162,708 shares of the company’s stock after selling 10,431 shares during the period. Fisher Asset Management LLC’s holdings in VanEck Semiconductor ETF were worth $53,101,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Bright Futures Wealth Management LLC. bought a new position in shares of VanEck Semiconductor ETF in the third quarter worth approximately $1,934,000. PKS Advisory Services LLC increased its holdings in shares of VanEck Semiconductor ETF by 24.0% in the 3rd quarter. PKS Advisory Services LLC now owns 2,756 shares of the company’s stock worth $899,000 after buying an additional 534 shares during the last quarter. Arete Wealth Advisors LLC raised its position in shares of VanEck Semiconductor ETF by 138.1% during the 3rd quarter. Arete Wealth Advisors LLC now owns 5,860 shares of the company’s stock valued at $1,913,000 after buying an additional 3,399 shares in the last quarter. Strategies Wealth Advisors LLC lifted its holdings in shares of VanEck Semiconductor ETF by 6.4% during the 3rd quarter. Strategies Wealth Advisors LLC now owns 1,842 shares of the company’s stock worth $601,000 after acquiring an additional 110 shares during the last quarter. Finally, Brand Asset Management Group Inc. grew its position in VanEck Semiconductor ETF by 11.5% in the third quarter. Brand Asset Management Group Inc. now owns 1,306 shares of the company’s stock worth $426,000 after acquiring an additional 135 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 3.8%

NASDAQ SMH opened at $391.06 on Wednesday. The stock’s 50-day simple moving average is $395.56 and its two-hundred day simple moving average is $355.34. VanEck Semiconductor ETF has a twelve month low of $170.11 and a twelve month high of $427.94. The company has a market capitalization of $42.74 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52.

VanEck Semiconductor ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a $1.1047 dividend. The ex-dividend date was Monday, December 22nd. This represents a yield of 31.0%.

VanEck Semiconductor ETF 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.