Fisher Asset Management LLC Sells 198,771 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Fisher Asset Management LLC lessened its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 22.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 675,432 shares of the company’s stock after selling 198,771 shares during the period. Fisher Asset Management LLC’s holdings in VanEck Semiconductor ETF were worth $165,785,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of SMH. O Shaughnessy Asset Management LLC boosted its holdings in shares of VanEck Semiconductor ETF by 18.2% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 2,781 shares of the company’s stock valued at $626,000 after buying an additional 429 shares in the last quarter. 1832 Asset Management L.P. bought a new stake in shares of VanEck Semiconductor ETF during the 1st quarter valued at $247,000. B. Riley Wealth Advisors Inc. boosted its holdings in shares of VanEck Semiconductor ETF by 5.9% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 14,955 shares of the company’s stock valued at $3,365,000 after buying an additional 834 shares in the last quarter. Comerica Bank boosted its holdings in shares of VanEck Semiconductor ETF by 20.5% during the 1st quarter. Comerica Bank now owns 8,452 shares of the company’s stock valued at $1,901,000 after buying an additional 1,440 shares in the last quarter. Finally, Pineridge Advisors LLC boosted its holdings in shares of VanEck Semiconductor ETF by 294.1% during the 1st quarter. Pineridge Advisors LLC now owns 134 shares of the company’s stock valued at $30,000 after buying an additional 100 shares in the last quarter.

VanEck Semiconductor ETF Trading Down 0.4 %

Shares of SMH stock opened at $243.66 on Tuesday. The company’s fifty day moving average price is $247.81 and its 200-day moving average price is $246.78. The stock has a market cap of $24.14 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 12 month low of $156.56 and a 12 month high of $283.07.

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.