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

Kestra Private Wealth Services LLC grew its position in shares of 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 purchasing an additional 3,399 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in VanEck Semiconductor ETF were worth $5,410,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. LPL Financial LLC lifted its holdings in VanEck Semiconductor ETF by 7.0% during the 3rd quarter. LPL Financial LLC now owns 1,743,333 shares of the company’s stock worth $427,901,000 after buying an additional 113,705 shares during the period. JPMorgan Chase & Co. raised its position in shares of VanEck Semiconductor ETF by 48.2% during the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock worth $319,983,000 after acquiring an additional 424,042 shares during the last quarter. Main Management ETF Advisors LLC lifted its stake in shares of VanEck Semiconductor ETF by 36.7% in the third quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock worth $231,415,000 after acquiring an additional 253,300 shares during the period. Meitav Investment House Ltd. boosted its holdings in VanEck Semiconductor ETF by 56.9% in the third quarter. Meitav Investment House Ltd. now owns 600,459 shares of the company’s stock valued at $147,260,000 after acquiring an additional 217,702 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. increased its position in VanEck Semiconductor ETF by 144.3% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock valued at $83,114,000 after purchasing an additional 202,744 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $245.00 on Monday. The company’s 50 day moving average price is $248.67 and its 200-day moving average price is $244.15. VanEck Semiconductor ETF has a 52-week low of $193.72 and a 52-week high of $283.07. The company has a market capitalization of $23.20 billion, a P/E ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Dividend Announcement

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

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.