Mirae Asset Global Investments Purchases Shares of Monolithic Power Systems
1 report, 1 independent
Updated Sun 00:00
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What happened
Mirae Asset Global Investments Co. Ltd. purchased 111,087 shares of Monolithic Power Systems in the third quarter, valued at approximately $149,659,000, according to its disclosure with the Securities and Exchange Commission. The firm previously held about 0.23% of the semiconductor company's stock.
From themarketsdaily.com
Why it matters
This purchase adds to a trend where institutional investors are actively increasing their holdings in Monolithic Power Systems. Currently, institutional investors and hedge funds own 93.46% of the stock.
Institutional investors are actively increasing their holdings in Monolithic Power Systems.
From themarketsdaily.com
Who's involved
- Monolithic Power SystemsU.S. information technology company whose stock was purchased
- Michael HsingCEO of Monolithic Power Systems
- SECMandates formal disclosure and reporting requirements for Monolithic Power Systems
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The entities involved
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Monolithic Power Systems
U.S. information technology company
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