Mirae Asset Global Investments Co. Ltd. Sells 7,482 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Mirae Asset Global Investments Co. Ltd. decreased its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 74.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,563 shares of the company’s stock after selling 7,482 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in VanEck Semiconductor ETF were worth $634,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Hartford Financial Management Inc. lifted its stake in VanEck Semiconductor ETF by 61.9% during the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after acquiring an additional 39 shares during the period. Mather Group LLC. lifted its stake in VanEck Semiconductor ETF by 320.0% during the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after acquiring an additional 80 shares during the period. Financial Management Professionals Inc. bought a new position in VanEck Semiconductor ETF during the 3rd quarter valued at about $28,000. Darwin Wealth Management LLC bought a new position in VanEck Semiconductor ETF during the 3rd quarter valued at about $29,000. Finally, Pathway Financial Advisers LLC lifted its stake in VanEck Semiconductor ETF by 194.2% during the 3rd quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock valued at $38,000 after acquiring an additional 101 shares during the period.

VanEck Semiconductor ETF Stock Performance

SMH opened at $248.51 on Thursday. The stock has a market capitalization of $23.53 billion, a P/E ratio of 18.82 and a beta of 1.35. The company’s 50-day simple moving average is $248.73 and its two-hundred day simple moving average is $244.33. VanEck Semiconductor ETF has a 52-week low of $193.72 and a 52-week high of $283.07.

VanEck Semiconductor ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were paid a dividend of $1.0713 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.