Mirae Asset Global Investments Co. Ltd. Buys New Position in VanEck Semiconductor ETF $SMH

Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 301,745 shares of the company’s stock, valued at approximately $183,763,000. Mirae Asset Global Investments Co. Ltd. owned about 0.24% of VanEck Semiconductor ETF at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Allied Private Wealth LLC bought a new stake in VanEck Semiconductor ETF during the 2nd quarter worth approximately $26,000. MassMutual Private Wealth & Trust FSB bought a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter valued at $30,000. Kings Path Partners LLC bought a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter valued at $30,000. Timbuktu Capital Management LLC bought a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter valued at $33,000. Finally, Resources Management Corp CT ADV purchased a new position in shares of VanEck Semiconductor ETF during the 1st quarter valued at $38,000.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock opened at $522.49 on Friday. VanEck Semiconductor ETF has a 52-week low of $315.05 and a 52-week high of $671.83. The firm has a market capitalization of $66.59 billion, a PE ratio of 34.83 and a beta of 1.73. The stock has a fifty day simple moving average of $572.62 and a two-hundred day simple moving average of $518.19.

VanEck Semiconductor ETF Profile

(Free Report)

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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