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

Mirae Asset Global Investments Co. Ltd. raised its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 5,759.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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.

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

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $403.46 on Friday. VanEck Semiconductor ETF has a 52 week low of $170.11 and a 52 week high of $420.60. The firm has a market capitalization of $43.53 billion, a PE ratio of 34.83 and a beta of 1.52. The business’s 50-day simple moving average is $373.54 and its 200-day simple moving average is $337.23.

VanEck Semiconductor ETF Announces Dividend

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

VanEck Semiconductor ETF Company 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.