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Micron Technology Shares Bought by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
Institutional investor increases stake in semiconductor manufacturer
Mar. 17, 2026 at 10:53am
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MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. has increased its stake in Micron Technology, Inc. (NASDAQ:MU) by 9.5% in the 3rd quarter, according to the company's recent 13F filing with the Securities & Exchange Commission. The institutional investor now owns 1,561,931 shares of the semiconductor manufacturer's stock, worth approximately $261 million.
Why it matters
Micron Technology is a major player in the semiconductor industry, producing memory and storage solutions used in a wide range of computing and electronic devices. This investment by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. suggests confidence in Micron's long-term prospects, as the company continues to innovate and expand its product offerings to meet growing demand in areas like data centers, cloud infrastructure, and automotive applications.
The details
According to the 13F filing, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired an additional 135,997 shares of Micron Technology during the 3rd quarter, bringing its total ownership to 1,561,931 shares, or approximately 0.14% of the company's outstanding stock.
- MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Micron Technology during the 3rd quarter of 2026.
The players
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
An institutional investor that manages a portfolio of exchange-traded funds (ETFs) and other investment products.
Micron Technology, Inc.
A global semiconductor company that designs and manufactures memory and storage solutions for a wide range of computing and electronic devices.
The takeaway
This investment by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. in Micron Technology reflects the institutional investor's confidence in the semiconductor manufacturer's ability to capitalize on growing demand for memory and storage solutions across various industries, including data centers, cloud computing, and automotive technology.
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