VanEck Semiconductor ETF $SMH Position Increased by Gerber Kawasaki Wealth & Investment Management

Gerber Kawasaki Wealth & Investment Management raised its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 18.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 95,117 shares of the company’s stock after buying an additional 14,762 shares during the period. VanEck Semiconductor ETF comprises approximately 0.9% of Gerber Kawasaki Wealth & Investment Management’s investment portfolio, making the stock its 28th biggest position. Gerber Kawasaki Wealth & Investment Management owned approximately 0.10% of VanEck Semiconductor ETF worth $20,114,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Delos Wealth Advisors LLC boosted its holdings in VanEck Semiconductor ETF by 0.6% during the first quarter. Delos Wealth Advisors LLC now owns 7,402 shares of the company’s stock worth $1,565,000 after buying an additional 43 shares in the last quarter. Sound View Wealth Advisors Group LLC boosted its holdings in VanEck Semiconductor ETF by 1.3% during the first quarter. Sound View Wealth Advisors Group LLC now owns 3,511 shares of the company’s stock worth $742,000 after buying an additional 46 shares in the last quarter. Clark Capital Management Group Inc. lifted its position in shares of VanEck Semiconductor ETF by 4.6% in the 4th quarter. Clark Capital Management Group Inc. now owns 1,101 shares of the company’s stock valued at $267,000 after acquiring an additional 48 shares in the last quarter. Forte Capital LLC ADV lifted its position in shares of VanEck Semiconductor ETF by 3.1% in the 1st quarter. Forte Capital LLC ADV now owns 1,572 shares of the company’s stock valued at $332,000 after acquiring an additional 48 shares in the last quarter. Finally, Evolution Wealth Advisors LLC lifted its position in shares of VanEck Semiconductor ETF by 1.3% in the 1st quarter. Evolution Wealth Advisors LLC now owns 3,936 shares of the company’s stock valued at $832,000 after acquiring an additional 51 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH opened at $297.66 on Thursday. The company has a market cap of $27.49 billion, a PE ratio of 34.83 and a beta of 1.35. VanEck Semiconductor ETF has a 52 week low of $170.11 and a 52 week high of $302.98. The firm has a 50 day simple moving average of $286.80 and a 200 day simple moving average of $248.42.

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.