KPP Advisory Services LLC Makes New $663,000 Investment in VanEck Semiconductor ETF $SMH

KPP Advisory Services LLC purchased a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 1,840 shares of the company’s stock, valued at approximately $663,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of SMH. Realta Investment Advisors grew its position in shares of VanEck Semiconductor ETF by 84.4% during the 3rd quarter. Realta Investment Advisors now owns 83 shares of the company’s stock worth $27,000 after buying an additional 38 shares during the period. WealthCollab LLC acquired a new position in shares of VanEck Semiconductor ETF during the 4th quarter valued at $28,000. Grey Fox Wealth Advisors LLC bought a new position in VanEck Semiconductor ETF during the third quarter worth $31,000. CX Institutional boosted its stake in VanEck Semiconductor ETF by 288.5% during the third quarter. CX Institutional now owns 101 shares of the company’s stock worth $33,000 after acquiring an additional 75 shares in the last quarter. Finally, Root Financial Partners LLC acquired a new stake in VanEck Semiconductor ETF in the third quarter worth $39,000.

VanEck Semiconductor ETF Trading Down 0.6%

NASDAQ:SMH opened at $506.79 on Tuesday. VanEck Semiconductor ETF has a 12 month low of $212.84 and a 12 month high of $513.15. The stock has a market capitalization of $58.88 billion, a price-to-earnings ratio of 34.83 and a beta of 1.70. The firm has a fifty day simple moving average of $420.20 and a two-hundred day simple moving average of $388.07.

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.