Kingsview Wealth Management LLC Grows Holdings in VanEck Semiconductor ETF $SMH

Kingsview Wealth Management LLC lifted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 0.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,331 shares of the company’s stock after buying an additional 279 shares during the period. Kingsview Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $9,853,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Grove Bank & Trust purchased a new position in VanEck Semiconductor ETF in the 2nd quarter worth approximately $25,000. Trust Co. of Toledo NA OH bought a new position in shares of VanEck Semiconductor ETF in the second quarter worth approximately $25,000. UMB Bank n.a. bought a new position in shares of VanEck Semiconductor ETF in the second quarter worth approximately $28,000. Hilltop National Bank purchased a new position in shares of VanEck Semiconductor ETF in the second quarter worth $28,000. Finally, Fourth Dimension Wealth LLC purchased a new stake in VanEck Semiconductor ETF during the 2nd quarter valued at $28,000.

VanEck Semiconductor ETF Stock Up 0.0%

Shares of VanEck Semiconductor ETF stock opened at $344.98 on Friday. The company’s fifty day simple moving average is $335.95 and its two-hundred day simple moving average is $292.96. VanEck Semiconductor ETF has a 12-month low of $170.11 and a 12-month high of $372.78. The firm has a market cap of $34.63 billion, a PE ratio of 34.83 and a beta of 1.52.

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.