VanEck Semiconductor ETF (NASDAQ:SMH) Position Increased by KCM Investment Advisors LLC

KCM Investment Advisors LLC raised its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 3.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 4,009 shares of the company’s stock after buying an additional 120 shares during the quarter. KCM Investment Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $971,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Hartford Financial Management Inc. grew its stake in shares of VanEck Semiconductor ETF by 61.9% in the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after buying an additional 39 shares in the last quarter. Mather Group LLC. lifted its stake in VanEck Semiconductor ETF by 320.0% in the fourth quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after acquiring an additional 80 shares during the last quarter. Ethos Financial Group LLC acquired a new stake in VanEck Semiconductor ETF in the fourth quarter valued at approximately $28,000. Hemington Wealth Management grew its position in VanEck Semiconductor ETF by 50.6% in the fourth quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after acquiring an additional 44 shares in the last quarter. Finally, Fifth Third Bancorp increased its stake in shares of VanEck Semiconductor ETF by 80.2% during the 4th quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock worth $38,000 after purchasing an additional 69 shares during the last quarter.

VanEck Semiconductor ETF Trading Down 7.6 %

SMH stock opened at $180.80 on Friday. The firm has a market cap of $16.29 billion, a PE ratio of 25.25 and a beta of 1.39. VanEck Semiconductor ETF has a 1 year low of $178.23 and a 1 year high of $283.07. The company has a fifty day simple moving average of $232.34 and a 200 day simple moving average of $242.95.

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.