Kingsview Wealth Management LLC Raises Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Kingsview Wealth Management LLC raised its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 5.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,740 shares of the company’s stock after purchasing an additional 1,106 shares during the period. Kingsview Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $5,582,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. SG Americas Securities LLC grew its stake in shares of VanEck Semiconductor ETF by 101.1% during the second quarter. SG Americas Securities LLC now owns 13,898 shares of the company’s stock valued at $3,623,000 after buying an additional 1,270,998 shares during the last quarter. Jane Street Group LLC grew its stake in shares of VanEck Semiconductor ETF by 20.9% during the first quarter. Jane Street Group LLC now owns 6,044,932 shares of the company’s stock valued at $1,360,049,000 after buying an additional 1,045,570 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of VanEck Semiconductor ETF by 46.3% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,624,000 shares of the company’s stock valued at $423,377,000 after buying an additional 514,000 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its stake in shares of VanEck Semiconductor ETF by 109.8% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 944,164 shares of the company’s stock valued at $246,144,000 after buying an additional 494,164 shares during the last quarter. Finally, Liberty Wealth Management LLC grew its stake in shares of VanEck Semiconductor ETF by 24,432.5% during the second quarter. Liberty Wealth Management LLC now owns 438,641 shares of the company’s stock valued at $114,354,000 after buying an additional 436,853 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

SMH opened at $244.62 on Friday. The stock has a market cap of $24.24 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The stock’s 50 day moving average price is $247.61 and its 200-day moving average price is $246.44. VanEck Semiconductor ETF has a one year low of $156.56 and a one year high of $283.07.

VanEck Semiconductor ETF Company 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.