KCM Investment Advisors LLC Acquires 4,398 Shares of VanEck Semiconductor ETF $SMH

KCM Investment Advisors LLC boosted its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 36.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,362 shares of the company’s stock after acquiring an additional 4,398 shares during the quarter. KCM Investment Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $5,340,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in shares of VanEck Semiconductor ETF by 93.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,458,395 shares of the company’s stock worth $406,718,000 after buying an additional 703,799 shares in the last quarter. CMT Capital Markets Trading GmbH raised its stake in VanEck Semiconductor ETF by 102.0% during the second quarter. CMT Capital Markets Trading GmbH now owns 10,437 shares of the company’s stock worth $2,910,000 after acquiring an additional 531,232 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd acquired a new stake in shares of VanEck Semiconductor ETF in the 2nd quarter valued at $62,748,000. Allianz SE acquired a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter worth about $55,524,000. Finally, Soros Capital Management LLC bought a new position in VanEck Semiconductor ETF during the 2nd quarter valued at about $31,541,000.

VanEck Semiconductor ETF Price Performance

NASDAQ SMH opened at $399.10 on Thursday. The stock’s 50 day simple moving average is $396.26 and its 200 day simple moving average is $355.64. VanEck Semiconductor ETF has a one year low of $170.11 and a one year high of $427.94. The firm has a market cap of $43.62 billion, a PE ratio of 34.83 and a beta of 1.52.

VanEck Semiconductor ETF Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were given a $1.1047 dividend. This represents a yield of 31.0%. The ex-dividend date was Monday, December 22nd.

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.