At $227.95, SMH stock price trades just 1% below its year-to-date highs. This proximity to record territory attracts momentum-driven buying. Invesco Aerospace & Defense ETF offers exposure to 56 companies involved in development, manufacturing, and operations, as well as provides support to U.S. defense, homeland security and aerospace. It tracks the SPADE Defense Index, charging 58 bps in annual fees from investors. Invesco Aerospace & Defense ETF has so far managed assets of $4.4 billion and has a Zacks ETF Rank #2. TXSE says SEC approves application for new Dallas-based stock exchange SMH stock price traded around $227.45 today, reflecting mild intraday volatility of 0.8%. Traders are watching semiconductor earnings reports closely as chip demand signals remain mixed. Short-term momentum remains bullish, with support seen near $221.