Gerber Kawasaki Wealth & Investment Management Increases Stock Holdings in iShares Semiconductor ETF (NASDAQ:SOXX)

Gerber Kawasaki Wealth & Investment Management increased its holdings in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 0.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,115 shares of the exchange traded fund’s stock after buying an additional 75 shares during the period. Gerber Kawasaki Wealth & Investment Management owned about 0.05% of iShares Semiconductor ETF worth $4,053,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SOXX. GPS Wealth Strategies Group LLC purchased a new position in iShares Semiconductor ETF in the 1st quarter valued at $25,000. Clear Investment Research LLC lifted its holdings in iShares Semiconductor ETF by 728.6% in the 1st quarter. Clear Investment Research LLC now owns 58 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 51 shares in the last quarter. Sittner & Nelson LLC purchased a new position in iShares Semiconductor ETF in the 1st quarter valued at $26,000. Wellington Shields & Co. LLC lifted its holdings in iShares Semiconductor ETF by 1,200.0% in the 1st quarter. Wellington Shields & Co. LLC now owns 65 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 60 shares in the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC purchased a new position in iShares Semiconductor ETF in the 1st quarter valued at $31,000.

iShares Semiconductor ETF Stock Performance

Shares of SOXX stock opened at $489.46 on Wednesday. The stock’s fifty day moving average is $506.09 and its two-hundred day moving average is $465.21. The firm has a market capitalization of $8.52 billion, a P/E ratio of 17.05 and a beta of 1.34. iShares Semiconductor ETF has a fifty-two week low of $287.82 and a fifty-two week high of $536.88.

About iShares Semiconductor ETF

iShares PHLX Semiconductor ETF, formerly iShares PHLX SOX Semiconductor Sector Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the United States-listed semiconductor stocks as represented by the PHLX Semiconductor Sector Index (the Index).