Kestra Advisory Services LLC Buys 26,764 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Kestra Advisory Services LLC raised its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 44.4% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 87,053 shares of the company’s stock after purchasing an additional 26,764 shares during the period. Kestra Advisory Services LLC owned 0.10% of VanEck Semiconductor ETF worth $19,586,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Macroview Investment Management LLC boosted its stake in VanEck Semiconductor ETF by 245.2% during the fourth quarter. Macroview Investment Management LLC now owns 145 shares of the company’s stock valued at $25,000 after buying an additional 103 shares during the last quarter. Silicon Valley Capital Partners purchased a new position in shares of VanEck Semiconductor ETF in the first quarter valued at $25,000. Creekmur Asset Management LLC purchased a new position in shares of VanEck Semiconductor ETF in the fourth quarter valued at $30,000. FinTrust Capital Advisors LLC increased its position in VanEck Semiconductor ETF by 31.8% in the fourth quarter. FinTrust Capital Advisors LLC now owns 232 shares of the company’s stock worth $41,000 after purchasing an additional 56 shares during the last quarter. Finally, Eagle Bay Advisors LLC purchased a new stake in VanEck Semiconductor ETF during the first quarter valued at $44,000.

VanEck Semiconductor ETF Stock Performance

SMH stock traded up $3.75 during trading on Friday, hitting $240.31. 7,325,633 shares of the company’s stock traded hands, compared to its average volume of 8,256,261. The business has a fifty day simple moving average of $257.41 and a 200 day simple moving average of $226.53. VanEck Semiconductor ETF has a 52 week low of $136.10 and a 52 week high of $283.07. The stock has a market capitalization 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.