PKS Advisory Services LLC Raises Stock Position in VanEck Semiconductor ETF $SMH

PKS Advisory Services LLC lifted its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 45.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,222 shares of the company’s stock after acquiring an additional 693 shares during the quarter. PKS Advisory Services LLC’s holdings in VanEck Semiconductor ETF were worth $620,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Main Management LLC boosted its position in shares of VanEck Semiconductor ETF by 4.8% in the second quarter. Main Management LLC now owns 312,654 shares of the company’s stock worth $87,193,000 after buying an additional 14,233 shares during the period. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of VanEck Semiconductor ETF in the second quarter valued at $62,748,000. Alteri Wealth LLC lifted its holdings in VanEck Semiconductor ETF by 15.4% in the 2nd quarter. Alteri Wealth LLC now owns 1,450 shares of the company’s stock worth $404,000 after buying an additional 193 shares in the last quarter. Outlook Wealth Advisors LLC purchased a new position in VanEck Semiconductor ETF in the second quarter valued at about $253,000. Finally, FineMark National Bank & Trust purchased a new stake in VanEck Semiconductor ETF during the 2nd quarter worth approximately $436,000.

VanEck Semiconductor ETF Trading Up 1.8%

VanEck Semiconductor ETF stock opened at $339.44 on Thursday. VanEck Semiconductor ETF has a 52 week low of $170.11 and a 52 week high of $372.78. The stock has a market cap of $34.08 billion, a P/E ratio of 34.83 and a beta of 1.52. The stock has a 50 day moving average of $338.31 and a 200-day moving average of $295.55.

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.