Robertson Stephens Wealth Management LLC Increases Stock Holdings in VanEck Semiconductor ETF $SMH

Robertson Stephens Wealth Management LLC lifted its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 1.3% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,687 shares of the company’s stock after purchasing an additional 113 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $2,423,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of SMH. Goldman Sachs Group Inc. lifted its stake in shares of VanEck Semiconductor ETF by 46.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,873,885 shares of the company’s stock worth $607,740,000 after acquiring an additional 907,073 shares during the last quarter. Menora Mivtachim Holdings LTD. lifted its stake in shares of VanEck Semiconductor ETF by 48.1% during the 1st quarter. Menora Mivtachim Holdings LTD. now owns 496,500 shares of the company’s stock worth $104,995,000 after acquiring an additional 161,350 shares during the last quarter. Meitav Investment House Ltd. lifted its stake in shares of VanEck Semiconductor ETF by 26.0% during the 2nd quarter. Meitav Investment House Ltd. now owns 475,332 shares of the company’s stock worth $132,605,000 after acquiring an additional 97,941 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of VanEck Semiconductor ETF by 24.3% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 447,294 shares of the company’s stock worth $94,589,000 after acquiring an additional 87,395 shares during the last quarter. Finally, Jump Financial LLC lifted its stake in shares of VanEck Semiconductor ETF by 160.7% during the 1st quarter. Jump Financial LLC now owns 116,164 shares of the company’s stock worth $24,565,000 after acquiring an additional 71,610 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock opened at $325.34 on Friday. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $348.53. The firm has a market capitalization of $32.25 billion, a P/E ratio of 34.83 and a beta of 1.35. The stock has a 50 day moving average price of $306.82 and a 200 day moving average price of $265.86.

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.