301,745 Shares of VanEck Semiconductor ETF $SMH Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new position in VanEck Semiconductor ETF (NASDAQ:SMH) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 301,745 shares of the company’s stock, valued at approximately $183,763,000.

Other hedge funds also recently made changes to their positions in the company. Renaissance Technologies LLC purchased a new position in VanEck Semiconductor ETF during the 1st quarter valued at approximately $141,661,000. Clal Insurance Enterprises Holdings Ltd grew its holdings in shares of VanEck Semiconductor ETF by 107.3% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock valued at $218,538,000 after purchasing an additional 295,000 shares in the last quarter. GoalVest Advisory LLC grew its holdings in shares of VanEck Semiconductor ETF by 290,983.3% in the third quarter. GoalVest Advisory LLC now owns 174,650 shares of the company’s stock valued at $106,362,000 after purchasing an additional 174,590 shares in the last quarter. Meitav Investment House Ltd. grew its holdings in shares of VanEck Semiconductor ETF by 17.3% in the first quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock valued at $347,140,000 after purchasing an additional 133,601 shares in the last quarter. Finally, International Assets Investment Management LLC increased its position in VanEck Semiconductor ETF by 749.5% in the third quarter. International Assets Investment Management LLC now owns 100,000 shares of the company’s stock worth $60,900,000 after purchasing an additional 88,228 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $522.49 on Friday. The stock has a market capitalization of $66.59 billion, a PE ratio of 34.83 and a beta of 1.73. The company’s fifty day moving average is $572.62 and its 200 day moving average is $518.19. VanEck Semiconductor ETF has a fifty-two week low of $315.05 and a fifty-two week high of $671.83.

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.