Mirae Asset Global Investments Co. Ltd. trimmed its stake in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 80.5% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 500 shares of the company’s stock after selling 2,063 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in VanEck Semiconductor ETF were worth $106,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also made changes to their positions in SMH. Mpwm Advisory Solutions LLC acquired a new position in VanEck Semiconductor ETF during the 4th quarter worth approximately $27,000. Blue Trust Inc. raised its position in VanEck Semiconductor ETF by 103.7% in the 1st quarter. Blue Trust Inc. now owns 275 shares of the company’s stock valued at $58,000 after purchasing an additional 140 shares during the last quarter. Russell Investments Group Ltd. raised its position in VanEck Semiconductor ETF by 529.3% in the 4th quarter. Russell Investments Group Ltd. now owns 258 shares of the company’s stock valued at $62,000 after purchasing an additional 217 shares during the last quarter. Joseph Group Capital Management purchased a new stake in VanEck Semiconductor ETF in the 4th quarter valued at $63,000. Finally, Cullen Frost Bankers Inc. raised its position in VanEck Semiconductor ETF by 140.0% in the 4th quarter. Cullen Frost Bankers Inc. now owns 264 shares of the company’s stock valued at $64,000 after purchasing an additional 154 shares during the last quarter.
VanEck Semiconductor ETF Price Performance
SMH stock opened at $283.91 on Monday. The company has a fifty day moving average price of $248.65 and a 200 day moving average price of $237.42. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $285.19. The company has a market cap of $26.71 billion, a price-to-earnings ratio of 34.83 and a beta of 1.35.
About VanEck Semiconductor ETF
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.
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