Kestra Private Wealth Services LLC grew its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 11.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,393 shares of the company’s stock after purchasing an additional 2,771 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in VanEck Semiconductor ETF were worth $10,119,000 as of its most recent SEC filing.
A number of other large investors also recently added to or reduced their stakes in the business. Bank of America Corp DE grew its stake in shares of VanEck Semiconductor ETF by 170.8% during the fourth quarter. Bank of America Corp DE now owns 12,174,182 shares of the company’s stock valued at $4,384,288,000 after buying an additional 7,678,318 shares during the last quarter. Bank of Nova Scotia grew its position in VanEck Semiconductor ETF by 24,986.6% during the 3rd quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock worth $246,437,000 after acquiring an additional 752,097 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its stake in VanEck Semiconductor ETF by 158.7% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock worth $431,759,000 after purchasing an additional 735,425 shares during the period. Focus Partners Wealth increased its stake in VanEck Semiconductor ETF by 906.5% in the 4th quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock worth $268,562,000 after purchasing an additional 671,673 shares during the period. Finally, Capital Markets Trading UK LLP lifted its position in VanEck Semiconductor ETF by 100.7% in the third quarter. Capital Markets Trading UK LLP now owns 4,319 shares of the company’s stock valued at $1,410,000 after purchasing an additional 617,050 shares during the last quarter.
VanEck Semiconductor ETF Stock Performance
NASDAQ:SMH opened at $636.88 on Friday. The firm has a market cap of $74.00 billion, a PE ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a fifty-two week low of $272.16 and a fifty-two week high of $671.83. The business has a 50 day moving average price of $567.14 and a 200-day moving average price of $453.47.
More VanEck Semiconductor ETF News
- Positive Sentiment: Micron’s stronger forecast and Qualcomm’s upbeat AI data-center outlook lifted semiconductor shares, helping push SMH and other chip ETFs higher. Micron’s 19% Rally Sends AI Chip Stocks Surging
- Positive Sentiment: Nvidia’s optimistic outlook reinforced expectations for solid earnings across semiconductor holdings inside SMH. Nvidia’s Upbeat Forecast Lifts SMH’s Earnings Outlook
- Positive Sentiment: Investor commentary from Tom Lee suggested the recent chip sell-off may have been a buying opportunity, citing a strong historical rebound rate after similar one-day drops. Famous Tech Investor Tom Lee: Yesterday’s SMH & SOXX Sell-Off Has Historically Led to an 88% Win Rate the Next Month
- Neutral Sentiment: VanEck launched a new China semiconductor ETF, expanding its chip lineup, though the direct impact on SMH is unclear. VanEck Launches SMHC, Offering Pure-Play Access to China’s Semiconductor Build-Out
- Neutral Sentiment: SK Hynix’s planned U.S. listing could boost interest in memory-chip exposure, but it may also shift demand among related funds rather than directly affecting SMH. SK Hynix to raise $29.4B in US listing: How it may impact the AI memory chip trade
- Negative Sentiment: One article highlighted a rise in short-interest discussion and the possibility of continued volatility in semiconductor stocks, which can weigh on trader sentiment even when the actual reported short interest was essentially zero. Here’s what happened after 17 other one-day plunges in semiconductor stocks over the last 15 years
About VanEck Semiconductor ETF
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.
Further Reading
- Five stocks we like better than VanEck Semiconductor ETF
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
Receive News & Ratings for VanEck Semiconductor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Semiconductor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
