According to South Korean media outlet MK, data from Korea’s securities information portal shows that since September, individual investors in South Korea have significantly reduced their holdings in several U.S. semiconductor stocks while increasing positions in semiconductor leveraged ETFs. Net sales included over $100 million in Micron, $68.61 million in SanDisk, $49.37 million in Marvell Technology, and $15.56 million in NVIDIA. SK Hynix ADR, which debuted on the NYSE in July, also saw net sales of $46.16 million during the same period, following cumulative net purchases of $811 million through the end of August.
South Korean retail investors sold U.S. semiconductor stocks and bought the SOXL ETF in September.
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Summary
In September, South Korean retail investors shifted their focus, selling U.S. semiconductor stocks such as NVIDIA and SK Hynix, while investing $400 million into the SOXL ETF. ETF trading activity revealed net outflows of over $100 million from Micron, $68.61 million from SanDisk, and $49.37 million from Marvell Technology. The SK Hynix ADR, listed in July, recorded a net outflow of $46.16 million in September, reversing the $811 million inflow seen in August. Value investing in crypto remains a key trend as investors seek alternative exposure amid evolving market conditions.
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