KCM Investment Advisors LLC Boosts Holdings in VanEck Semiconductor ETF $SMH

KCM Investment Advisors LLC raised its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 26.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,711 shares of the company’s stock after acquiring an additional 4,349 shares during the period. KCM Investment Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $7,459,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Morgan Stanley raised its holdings in VanEck Semiconductor ETF by 4.8% during the 4th quarter. Morgan Stanley now owns 2,657,540 shares of the company’s stock valued at $957,061,000 after buying an additional 121,815 shares during the period. Harel Insurance Investments & Financial Services Ltd. raised its holdings in VanEck Semiconductor ETF by 158.7% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock valued at $431,759,000 after buying an additional 735,425 shares during the period. Bank of Nova Scotia raised its holdings in VanEck Semiconductor ETF by 24,986.6% during the 3rd quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock valued at $246,437,000 after buying an additional 752,097 shares during the period. Menora Mivtachim Holdings LTD. raised its holdings in VanEck Semiconductor ETF by 0.4% during the 3rd quarter. Menora Mivtachim Holdings LTD. now owns 576,000 shares of the company’s stock valued at $187,983,000 after buying an additional 2,500 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in VanEck Semiconductor ETF by 4.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 548,017 shares of the company’s stock valued at $197,357,000 after buying an additional 21,488 shares during the period.

VanEck Semiconductor ETF Stock Performance

NASDAQ:SMH opened at $619.96 on Friday. The stock’s fifty day moving average is $527.42 and its 200 day moving average is $434.76. VanEck Semiconductor ETF has a fifty-two week low of $256.05 and a fifty-two week high of $642.77. The firm has a market capitalization 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.