KCM Investment Advisors LLC Acquires 165 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

KCM Investment Advisors LLC lifted its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 4.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,889 shares of the company’s stock after purchasing an additional 165 shares during the period. KCM Investment Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $955,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. OneDigital Investment Advisors LLC boosted its position in shares of VanEck Semiconductor ETF by 4.6% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 3,516 shares of the company’s stock valued at $863,000 after purchasing an additional 155 shares in the last quarter. Snider Financial Group boosted its position in shares of VanEck Semiconductor ETF by 4.2% during the 3rd quarter. Snider Financial Group now owns 3,390 shares of the company’s stock valued at $832,000 after purchasing an additional 137 shares in the last quarter. Endowment Wealth Management Inc. bought a new position in VanEck Semiconductor ETF in the third quarter worth approximately $219,000. Huntington National Bank boosted its holdings in VanEck Semiconductor ETF by 43.2% in the third quarter. Huntington National Bank now owns 1,597 shares of the company’s stock worth $392,000 after acquiring an additional 482 shares in the last quarter. Finally, Peak Asset Management LLC boosted its holdings in VanEck Semiconductor ETF by 91.0% in the third quarter. Peak Asset Management LLC now owns 2,479 shares of the company’s stock worth $608,000 after acquiring an additional 1,181 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH opened at $239.95 on Friday. The business’s 50 day simple moving average is $246.15 and its two-hundred day simple moving average is $245.26. The firm has a market cap of $23.78 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52-week low of $156.56 and a 52-week 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.