KCM Investment Advisors LLC lifted its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 26.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 20,711 shares of the company’s stock after acquiring an additional 4,349 shares during the quarter. KCM Investment Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $7,459,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. WealthCollab LLC bought a new position in shares of VanEck Semiconductor ETF during the 4th quarter valued at approximately $28,000. Investment Counsel Co. of Nevada bought a new position in shares of VanEck Semiconductor ETF during the 4th quarter valued at approximately $35,000. Core Wealth Advisors LLC bought a new position in shares of VanEck Semiconductor ETF during the 4th quarter valued at approximately $36,000. Jessup Wealth Management Inc bought a new position in shares of VanEck Semiconductor ETF during the 4th quarter valued at approximately $40,000. Finally, CENTRAL TRUST Co grew its stake in shares of VanEck Semiconductor ETF by 66.7% during the 4th quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock valued at $43,000 after acquiring an additional 48 shares during the period.
VanEck Semiconductor ETF Trading Up 1.7%
NASDAQ SMH opened at $619.96 on Friday. The stock’s 50 day moving average is $527.42 and its 200 day moving average is $434.76. VanEck Semiconductor ETF has a 12 month low of $256.05 and a 12 month high of $642.77. The stock has a market cap of $72.03 billion, a PE ratio of 34.83 and a beta of 1.72.
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.
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