VanEck Semiconductor ETF $SMH Position Lessened by Kestra Advisory Services LLC

Kestra Advisory Services LLC trimmed its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 35.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 146,897 shares of the company’s stock after selling 79,039 shares during the quarter. Kestra Advisory Services LLC’s holdings in VanEck Semiconductor ETF were worth $89,460,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Allied Private Wealth LLC acquired a new position in VanEck Semiconductor ETF during the second quarter worth $26,000. MassMutual Private Wealth & Trust FSB bought a new position in shares of VanEck Semiconductor ETF in the second quarter valued at approximately $30,000. Timbuktu Capital Management LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter valued at $33,000. Kings Path Partners LLC purchased a new stake in VanEck Semiconductor ETF during the third quarter worth about $30,000. Finally, Alpine Bank Wealth Management bought a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter worth approximately $39,000.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $446.05 on Friday. The stock has a market capitalization of $56.64 billion, a PE ratio of 34.83 and a beta of 1.78. VanEck Semiconductor ETF has a one year low of $315.05 and a one year high of $671.83. The business’s fifty day moving average price is $567.78 and its 200-day moving average price is $520.19.

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.