VanEck Semiconductor ETF Target of Unusually High Options Trading (NASDAQ:SMH)

VanEck Semiconductor ETF (NASDAQ:SMH) was the recipient of unusually large options trading on Friday. Stock traders acquired 156,306 put options on the company. This represents an increase of 49% compared to the typical volume of 104,615 put options.

Institutional Investors Weigh In On VanEck Semiconductor ETF

A number of institutional investors have recently added to or reduced their stakes in SMH. Sanctuary Wealth Management L.L.C. bought a new position in shares of VanEck Semiconductor ETF in the third quarter valued at $25,000. Macroview Investment Management LLC increased its holdings in shares of VanEck Semiconductor ETF by 245.2% in the fourth quarter. Macroview Investment Management LLC now owns 145 shares of the company’s stock valued at $25,000 after buying an additional 103 shares in the last quarter. FinTrust Capital Advisors LLC increased its holdings in shares of VanEck Semiconductor ETF by 363.2% in the third quarter. FinTrust Capital Advisors LLC now owns 176 shares of the company’s stock valued at $26,000 after buying an additional 138 shares in the last quarter. Horizon Investments LLC increased its holdings in shares of VanEck Semiconductor ETF by 96.7% in the second quarter. Horizon Investments LLC now owns 177 shares of the company’s stock valued at $27,000 after buying an additional 87 shares in the last quarter. Finally, Covestor Ltd bought a new position in shares of VanEck Semiconductor ETF in the first quarter valued at $27,000.

VanEck Semiconductor ETF Price Performance

SMH opened at $199.21 on Friday. The company has a market capitalization of $16.63 billion, a price-to-earnings ratio of 17.70 and a beta of 1.78. VanEck Semiconductor ETF has a 1-year low of $118.57 and a 1-year high of $239.14. The business has a 50 day moving average price of $217.17 and a two-hundred day moving average price of $183.23.

VanEck Semiconductor ETF Company 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.