Kestra Private Wealth Services LLC Has $5.41 Million Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Kestra Private Wealth Services LLC raised its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 17.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 22,339 shares of the company’s stock after buying an additional 3,399 shares during the period. Kestra Private Wealth Services LLC’s holdings in VanEck Semiconductor ETF were worth $5,410,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its stake in VanEck Semiconductor ETF by 48.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after purchasing an additional 424,042 shares during the last quarter. Main Management ETF Advisors LLC boosted its position in shares of VanEck Semiconductor ETF by 36.7% during the third quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock valued at $231,415,000 after buying an additional 253,300 shares during the last quarter. Meitav Investment House Ltd. boosted its position in shares of VanEck Semiconductor ETF by 56.9% during the third quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock valued at $147,260,000 after buying an additional 217,702 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its holdings in VanEck Semiconductor ETF by 144.3% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock worth $83,114,000 after buying an additional 202,744 shares in the last quarter. Finally, Bank of Montreal Can raised its position in VanEck Semiconductor ETF by 69.4% in the 3rd quarter. Bank of Montreal Can now owns 328,820 shares of the company’s stock valued at $81,462,000 after buying an additional 134,760 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

SMH opened at $245.00 on Monday. VanEck Semiconductor ETF has a 1 year low of $193.72 and a 1 year high of $283.07. The company has a market capitalization of $23.20 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The firm’s fifty day moving average price is $248.67 and its two-hundred day moving average price is $244.15.

VanEck Semiconductor ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were issued a dividend of $1.0713 per share. The ex-dividend date was Monday, December 23rd.

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.