Kingsview Wealth Management LLC Purchases 1,106 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Kingsview Wealth Management LLC increased its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 5.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,740 shares of the company’s stock after purchasing an additional 1,106 shares during the quarter. Kingsview Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $5,582,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Mather Group LLC. grew its stake in VanEck Semiconductor ETF by 757.1% in the second quarter. Mather Group LLC. now owns 300 shares of the company’s stock worth $78,000 after purchasing an additional 265 shares in the last quarter. QRG Capital Management Inc. bought a new position in VanEck Semiconductor ETF in the second quarter worth approximately $325,000. O Shaughnessy Asset Management LLC grew its stake in 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 in the last quarter. Comerica Bank boosted its position in 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 acquiring an additional 1,440 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new stake in VanEck Semiconductor ETF during the 3rd quarter valued at $418,000.

VanEck Semiconductor ETF Trading Down 0.6 %

Shares of NASDAQ SMH opened at $244.62 on Friday. The stock has a market capitalization of $24.24 billion, a PE ratio of 18.82 and a beta of 1.35. The stock’s fifty day simple moving average is $247.61 and its two-hundred day simple moving average is $246.44. VanEck Semiconductor ETF has a 12-month low of $156.56 and a 12-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.