Fairfield Financial Advisors LTD Raises Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Fairfield Financial Advisors LTD lifted its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 294.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 914 shares of the company’s stock after buying an additional 682 shares during the period. Fairfield Financial Advisors LTD’s holdings in VanEck Semiconductor ETF were worth $221,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. LPL Financial LLC raised its stake in shares of VanEck Semiconductor ETF by 7.0% during the 3rd quarter. LPL Financial LLC now owns 1,743,333 shares of the company’s stock worth $427,901,000 after buying an additional 113,705 shares in the last quarter. JPMorgan Chase & Co. raised 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 worth $319,983,000 after buying an additional 424,042 shares in the last quarter. Main Management ETF Advisors LLC raised its stake in shares of VanEck Semiconductor ETF by 36.7% during the 3rd quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock worth $231,415,000 after buying an additional 253,300 shares in the last quarter. Meitav Investment House Ltd. increased its stake in VanEck Semiconductor ETF by 4.1% in the 4th quarter. Meitav Investment House Ltd. now owns 624,975 shares of the company’s stock valued at $151,269,000 after purchasing an additional 24,516 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in VanEck Semiconductor ETF in the 4th quarter valued at approximately $144,385,000.

VanEck Semiconductor ETF Price Performance

NASDAQ SMH opened at $225.09 on Friday. VanEck Semiconductor ETF has a 1-year low of $198.44 and a 1-year high of $283.07. The company has a market capitalization of $21.31 billion, a P/E ratio of 33.13 and a beta of 1.35. The business has a 50 day moving average price of $246.42 and a 200 day moving average price of $245.36.

VanEck Semiconductor ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were paid a $1.0713 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

VanEck Semiconductor ETF Company 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.