Mirae Asset Global Investments Co. Ltd. Increases Stock Holdings in VanEck Semiconductor ETF $SMH

Mirae Asset Global Investments Co. Ltd. raised its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 58.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 32,481 shares of the company’s stock after purchasing an additional 11,973 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in VanEck Semiconductor ETF were worth $11,697,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Realta Investment Advisors grew its stake in shares of VanEck Semiconductor ETF by 84.4% in the 3rd quarter. Realta Investment Advisors now owns 83 shares of the company’s stock valued at $27,000 after purchasing an additional 38 shares during the last quarter. Sound Income Strategies LLC grew its stake in shares of VanEck Semiconductor ETF by 175.8% in the 3rd quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $31,000 after purchasing an additional 58 shares during the last quarter. Grey Fox Wealth Advisors LLC purchased a new position in shares of VanEck Semiconductor ETF in the 3rd quarter valued at approximately $31,000. CX Institutional grew its stake in shares of VanEck Semiconductor ETF by 288.5% in the 3rd quarter. CX Institutional now owns 101 shares of the company’s stock valued at $33,000 after purchasing an additional 75 shares during the last quarter. Finally, Root Financial Partners LLC purchased a new position in shares of VanEck Semiconductor ETF in the 3rd quarter valued at approximately $39,000.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock opened at $464.16 on Monday. The business’s 50 day moving average is $405.81 and its two-hundred day moving average is $378.54. VanEck Semiconductor ETF has a twelve month low of $184.40 and a twelve month high of $464.58. The company has a market capitalization of $53.56 billion, a P/E ratio of 34.83 and a beta of 1.55.

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.