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

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

A number of other hedge funds and other institutional investors also recently bought and sold shares of SMH. Larson Financial Group LLC increased its position in VanEck Semiconductor ETF by 22.4% during the fourth quarter. Larson Financial Group LLC now owns 8,855 shares of the company’s stock worth $2,145,000 after buying an additional 1,619 shares during the period. PNC Financial Services Group Inc. increased its position in VanEck Semiconductor ETF by 24.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 6,417 shares of the company’s stock worth $1,554,000 after buying an additional 1,254 shares during the period. Bank Julius Baer & Co. Ltd Zurich increased its position in VanEck Semiconductor ETF by 14.4% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 15,803 shares of the company’s stock worth $4,223,000 after buying an additional 1,986 shares during the period. Berkshire Asset Management LLC PA increased its position in VanEck Semiconductor ETF by 4.9% during the fourth quarter. Berkshire Asset Management LLC PA now owns 1,978 shares of the company’s stock worth $517,000 after buying an additional 92 shares during the period. Finally, Edgestream Partners L.P. acquired a new position in VanEck Semiconductor ETF during the fourth quarter worth approximately $1,530,000.

VanEck Semiconductor ETF Trading Up 2.4 %

NASDAQ:SMH opened at $225.09 on Friday. VanEck Semiconductor ETF has a 12-month low of $198.44 and a 12-month high of $283.07. The stock’s 50 day simple moving average is $246.42 and its 200-day simple moving average is $245.36. The firm has a market cap of $21.31 billion, a P/E ratio of 33.13 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Shareholders 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 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.