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

Fisher Asset Management LLC cut its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 22.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 675,432 shares of the company’s stock after selling 198,771 shares during the quarter. Fisher Asset Management LLC owned 0.68% of VanEck Semiconductor ETF worth $165,785,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in SMH. O Shaughnessy Asset Management LLC grew its holdings in shares of VanEck Semiconductor ETF by 18.2% in the first quarter. O Shaughnessy Asset Management LLC now owns 2,781 shares of the company’s stock worth $626,000 after purchasing an additional 429 shares during the last quarter. 1832 Asset Management L.P. bought a new position in shares of VanEck Semiconductor ETF in the first quarter worth approximately $247,000. B. Riley Wealth Advisors Inc. grew its holdings in shares of VanEck Semiconductor ETF by 5.9% in the first quarter. B. Riley Wealth Advisors Inc. now owns 14,955 shares of the company’s stock worth $3,365,000 after purchasing an additional 834 shares during the last quarter. Comerica Bank grew its holdings in shares of VanEck Semiconductor ETF by 20.5% in the first quarter. Comerica Bank now owns 8,452 shares of the company’s stock worth $1,901,000 after purchasing an additional 1,440 shares during the last quarter. Finally, Pineridge Advisors LLC grew its holdings in shares of VanEck Semiconductor ETF by 294.1% in the first quarter. Pineridge Advisors LLC now owns 134 shares of the company’s stock worth $30,000 after purchasing an additional 100 shares during the last quarter.

VanEck Semiconductor ETF Stock Down 0.4 %

NASDAQ:SMH opened at $243.66 on Tuesday. The stock has a market cap of $24.14 billion, a P/E ratio of 18.82 and a beta of 1.35. The firm’s fifty day simple moving average is $247.81 and its 200 day simple moving average is $246.78. VanEck Semiconductor ETF has a twelve month low of $156.56 and a twelve month high of $283.07.

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.