Mirae Asset Global Investments Co. Ltd. Has $6.69 Million Holdings in VanEck Semiconductor ETF $SMH

Mirae Asset Global Investments Co. Ltd. raised its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 5,759.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,508 shares of the company’s stock after purchasing an additional 20,158 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in VanEck Semiconductor ETF were worth $6,693,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in SMH. Trust Co. of Toledo NA OH bought a new position in VanEck Semiconductor ETF during the second quarter valued at approximately $25,000. Realta Investment Advisors increased its stake in shares of VanEck Semiconductor ETF by 84.4% during the 3rd quarter. Realta Investment Advisors now owns 83 shares of the company’s stock worth $27,000 after purchasing an additional 38 shares during the last quarter. Hilltop National Bank acquired a new position in shares of VanEck Semiconductor ETF during the 2nd quarter worth $28,000. Fourth Dimension Wealth LLC bought a new position in shares of VanEck Semiconductor ETF during the 2nd quarter valued at $28,000. Finally, Hazlett Burt & Watson Inc. raised its holdings in shares of VanEck Semiconductor ETF by 61.1% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 116 shares of the company’s stock valued at $31,000 after purchasing an additional 44 shares in the last quarter.

VanEck Semiconductor ETF Trading Down 3.4%

Shares of NASDAQ:SMH opened at $403.46 on Friday. The stock has a market capitalization of $43.53 billion, a PE ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 1 year low of $170.11 and a 1 year high of $420.60. The firm has a fifty day moving average price of $373.54 and a 200 day moving average price of $337.23.

VanEck Semiconductor ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a dividend of $1.1047 per share. This represents a dividend yield of 31.0%. The ex-dividend date was Monday, December 22nd.

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.