Kestra Private Wealth Services LLC Boosts Stock Position in VanEck Semiconductor ETF $SMH

Kestra Private Wealth Services LLC increased its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 11.7% during the 1st quarter, Holdings Channel reports. The firm owned 26,393 shares of the company’s stock after buying an additional 2,771 shares during the period. Kestra Private Wealth Services LLC’s holdings in VanEck Semiconductor ETF were worth $10,119,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Leeward Financial Partners LLC grew its position in shares of VanEck Semiconductor ETF by 470.1% in the 1st quarter. Leeward Financial Partners LLC now owns 7,508 shares of the company’s stock worth $2,879,000 after buying an additional 6,191 shares during the last quarter. Ritholtz Wealth Management raised its holdings in shares of VanEck Semiconductor ETF by 10.7% during the first quarter. Ritholtz Wealth Management now owns 5,626 shares of the company’s stock valued at $2,157,000 after acquiring an additional 542 shares in the last quarter. KFA Private Wealth Group LLC lifted its stake in VanEck Semiconductor ETF by 4.4% in the first quarter. KFA Private Wealth Group LLC now owns 1,040 shares of the company’s stock worth $399,000 after acquiring an additional 44 shares during the period. Brian Low Financial Group LLC lifted its stake in VanEck Semiconductor ETF by 4.9% in the first quarter. Brian Low Financial Group LLC now owns 2,507 shares of the company’s stock worth $961,000 after acquiring an additional 116 shares during the period. Finally, RFG Advisory LLC boosted its holdings in VanEck Semiconductor ETF by 39.0% in the first quarter. RFG Advisory LLC now owns 2,512 shares of the company’s stock valued at $963,000 after acquiring an additional 705 shares in the last quarter.

VanEck Semiconductor ETF Trading Up 2.9%

Shares of VanEck Semiconductor ETF stock opened at $636.88 on Friday. The company’s fifty day simple moving average is $567.14 and its two-hundred day simple moving average is $453.47. The company has a market cap of $74.00 billion, a P/E ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a 12-month low of $272.16 and a 12-month high of $671.83.

VanEck Semiconductor ETF News Summary

Here are the key news stories impacting VanEck Semiconductor ETF this week:

• 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.