KCM Investment Advisors LLC Buys 165 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

KCM Investment Advisors LLC grew its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 4.4% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 3,889 shares of the company’s stock after acquiring an additional 165 shares during the quarter. KCM Investment Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $955,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Mendota Financial Group LLC bought a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter worth $25,000. Chilton Capital Management LLC acquired a new position in VanEck Semiconductor ETF in the 2nd quarter worth about $26,000. Innealta Capital LLC acquired a new position in VanEck Semiconductor ETF in the 2nd quarter worth about $28,000. Financial Management Professionals Inc. acquired a new position in VanEck Semiconductor ETF in the 3rd quarter worth about $28,000. Finally, TD Capital Management LLC acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at about $29,000.

VanEck Semiconductor ETF Trading Down 3.3 %

Shares of SMH stock opened at $239.95 on Friday. The stock has a market cap of $23.78 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The stock has a 50-day moving average of $246.15 and a 200-day moving average of $245.26. VanEck Semiconductor ETF has a 1-year low of $156.56 and a 1-year 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.