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

Fisher Asset Management LLC cut its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 6.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 162,708 shares of the company’s stock after selling 10,431 shares during the period. Fisher Asset Management LLC owned 0.16% of VanEck Semiconductor ETF worth $53,101,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of SMH. AQR Capital Management LLC boosted its holdings in shares of VanEck Semiconductor ETF by 4.8% in the first quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock worth $504,000 after acquiring an additional 109 shares during the period. Empowered Funds LLC boosted its stake in VanEck Semiconductor ETF by 32.5% in the 1st quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock worth $2,493,000 after purchasing an additional 2,890 shares during the period. Mission Wealth Management LP purchased a new position in VanEck Semiconductor ETF during the 2nd quarter valued at about $224,000. Burney Co. bought a new stake in shares of VanEck Semiconductor ETF during the second quarter valued at about $260,000. Finally, Milestone Asset Management LLC lifted its holdings in shares of VanEck Semiconductor ETF by 5.9% in the second quarter. Milestone Asset Management LLC now owns 4,090 shares of the company’s stock worth $1,141,000 after buying an additional 227 shares in the last quarter.

VanEck Semiconductor ETF Trading Down 3.8%

SMH stock opened at $391.06 on Wednesday. The firm has a 50 day moving average of $395.56 and a 200-day moving average of $355.34. The firm has a market capitalization of $42.74 billion, a P/E 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 $427.94.

VanEck Semiconductor ETF Dividend Announcement

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

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.