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

VanEck Semiconductor ETF (NASDAQ:SMH) saw unusually large options trading activity on Friday. Stock investors purchased 188,084 put options on the stock. This represents an increase of approximately 76% compared to the typical daily volume of 107,157 put options.

Institutional Trading of VanEck Semiconductor ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sanctuary Wealth Management L.L.C. purchased a new position in shares of VanEck Semiconductor ETF in the third quarter valued at $25,000. Macroview Investment Management LLC lifted its holdings in shares of VanEck Semiconductor ETF by 245.2% in the 4th quarter. Macroview Investment Management LLC now owns 145 shares of the company’s stock valued at $25,000 after acquiring an additional 103 shares during the last quarter. Silicon Valley Capital Partners bought a new position in shares of VanEck Semiconductor ETF in the 1st quarter valued at about $25,000. FinTrust Capital Advisors LLC grew its position in VanEck Semiconductor ETF by 363.2% in the third quarter. FinTrust Capital Advisors LLC now owns 176 shares of the company’s stock worth $26,000 after acquiring an additional 138 shares in the last quarter. Finally, Creekmur Asset Management LLC bought a new stake in shares of VanEck Semiconductor ETF in the 4th quarter valued at approximately $30,000.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $217.73 on Friday. The company’s fifty day simple moving average is $218.87 and its 200-day simple moving average is $187.18. The stock has a market capitalization of $18.31 billion, a PE ratio of 17.70 and a beta of 1.35. VanEck Semiconductor ETF has a 1-year low of $120.93 and a 1-year high of $239.14.

About VanEck Semiconductor ETF

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.