PKS Advisory Services LLC Invests $396,000 in VanEck Semiconductor ETF (NASDAQ:SMH)

PKS Advisory Services LLC purchased a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) in the 4th quarter, Holdings Channel reports. The firm purchased 1,635 shares of the company’s stock, valued at approximately $396,000.

Other large investors also recently bought and sold shares of the company. Modern Wealth Management LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 4th quarter worth $2,227,000. Grantvest Financial Group LLC purchased a new position in shares of VanEck Semiconductor ETF in the 4th quarter worth about $1,350,000. Simplex Trading LLC acquired a new position in shares of VanEck Semiconductor ETF in the 4th quarter valued at about $10,152,000. Mosley Wealth Management grew its holdings in shares of VanEck Semiconductor ETF by 21.7% during the 4th quarter. Mosley Wealth Management now owns 3,893 shares of the company’s stock worth $933,000 after purchasing an additional 693 shares during the period. Finally, Runnymede Capital Advisors Inc. acquired a new stake in VanEck Semiconductor ETF during the 4th quarter worth approximately $1,003,000.

VanEck Semiconductor ETF Stock Down 0.4 %

Shares of SMH stock opened at $229.65 on Wednesday. VanEck Semiconductor ETF has a fifty-two week low of $198.44 and a fifty-two week high of $283.07. The firm’s 50 day moving average price is $240.57 and its two-hundred day moving average price is $244.29. The stock has a market cap of $21.75 billion, a price-to-earnings ratio of 31.46 and a beta of 1.35.

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.