Kingdom Financial Group LLC. Buys New Holdings in VanEck Semiconductor ETF $SMH

Kingdom Financial Group LLC. acquired a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,801 shares of the company’s stock, valued at approximately $1,009,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. WealthCollab LLC acquired a new stake in VanEck Semiconductor ETF during the fourth quarter worth approximately $28,000. Grey Fox Wealth Advisors LLC acquired a new stake in VanEck Semiconductor ETF during the third quarter worth approximately $31,000. Root Financial Partners LLC acquired a new stake in VanEck Semiconductor ETF during the third quarter worth approximately $39,000. CENTRAL TRUST Co raised its holdings in VanEck Semiconductor ETF by 66.7% during the fourth quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock worth $43,000 after purchasing an additional 48 shares in the last quarter. Finally, Caitlin John LLC acquired a new stake in VanEck Semiconductor ETF during the third quarter worth approximately $44,000.

VanEck Semiconductor ETF Trading Up 0.6%

SMH stock opened at $567.88 on Friday. VanEck Semiconductor ETF has a twelve month low of $234.59 and a twelve month high of $581.17. The company’s 50 day moving average is $460.01 and its two-hundred day moving average is $406.89. The stock has a market cap of $65.98 billion, a P/E ratio of 34.83 and a beta of 1.70.

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.