VanEck Semiconductor ETF (NASDAQ:SMH) Shares Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC boosted its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 44.4% during the first quarter, HoldingsChannel.com reports. The firm owned 87,053 shares of the company’s stock after purchasing an additional 26,764 shares during the period. Kestra Advisory Services LLC’s holdings in VanEck Semiconductor ETF were worth $19,586,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of SMH. Meitav Investment House Ltd. raised its position in shares of VanEck Semiconductor ETF by 103.2% during the 4th quarter. Meitav Investment House Ltd. now owns 732,008 shares of the company’s stock worth $127,948,000 after purchasing an additional 371,831 shares during the last quarter. Saudi Central Bank acquired a new position in shares of VanEck Semiconductor ETF during the fourth quarter valued at approximately $105,273,000. Himension Capital Singapore PTE. LTD. lifted its position in shares of VanEck Semiconductor ETF by 358.4% in the fourth quarter. Himension Capital Singapore PTE. LTD. now owns 318,624 shares of the company’s stock valued at $55,718,000 after acquiring an additional 249,112 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its position in shares of VanEck Semiconductor ETF by 5.2% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 310,506 shares of the company’s stock worth $69,861,000 after purchasing an additional 15,316 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its position in shares of VanEck Semiconductor ETF by 49.1% during the first quarter. Commonwealth Equity Services LLC now owns 270,842 shares of the company’s stock worth $60,937,000 after purchasing an additional 89,151 shares in the last quarter.

VanEck Semiconductor ETF Trading Up 1.6 %

SMH stock traded up $3.75 during midday trading on Friday, reaching $240.31. The stock had a trading volume of 7,325,633 shares, compared to its average volume of 8,256,261. VanEck Semiconductor ETF has a 52-week low of $136.10 and a 52-week high of $283.07. The company’s fifty day simple moving average is $257.41 and its 200 day simple moving average is $226.53. The company has a market cap of $20.78 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

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.