PKS Advisory Services LLC Invests $396,000 in VanEck Semiconductor ETF (NASDAQ:SMH)

PKS Advisory Services LLC acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,635 shares of the company’s stock, valued at approximately $396,000.

Several other hedge funds have also recently added to or reduced their stakes in SMH. FMR LLC raised its holdings in shares of VanEck Semiconductor ETF by 7.2% in the third quarter. FMR LLC now owns 19,264 shares of the company’s stock worth $4,728,000 after acquiring an additional 1,297 shares during the last quarter. Savant Capital LLC acquired a new position in VanEck Semiconductor ETF in the 4th quarter valued at about $403,000. JPMorgan Chase & Co. lifted its holdings in VanEck Semiconductor ETF by 48.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after purchasing an additional 424,042 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of VanEck Semiconductor ETF by 180.0% during the 4th quarter. GAMMA Investing LLC now owns 350 shares of the company’s stock worth $85,000 after purchasing an additional 225 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of VanEck Semiconductor ETF by 31.5% during the fourth quarter. Bank of New York Mellon Corp now owns 25,916 shares of the company’s stock worth $6,276,000 after buying an additional 6,215 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $229.65 on Wednesday. VanEck Semiconductor ETF has a 1 year low of $198.44 and a 1 year high of $283.07. The company’s 50 day simple moving average is $240.57 and its 200 day simple moving average is $244.29. The company has a market capitalization of $21.75 billion, a price-to-earnings ratio of 31.46 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.