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

VanEck Semiconductor ETF (NASDAQ:SMH) was the target of some unusual options trading activity on Monday. Investors purchased 171,254 put options on the company. This represents an increase of approximately 66% compared to the average daily volume of 103,425 put options.

VanEck Semiconductor ETF Stock Up 0.1 %

Shares of NASDAQ SMH opened at $201.61 on Tuesday. The stock has a market capitalization of $18.21 billion, a price-to-earnings ratio of 25.25 and a beta of 1.35. VanEck Semiconductor ETF has a 52 week low of $170.11 and a 52 week high of $283.07. The firm has a 50-day moving average price of $225.01 and a 200 day moving average price of $240.34.

Institutional Investors Weigh In On VanEck Semiconductor ETF

A number of hedge funds and other institutional investors have recently modified their holdings of SMH. LMR Partners LLP increased its stake in shares of VanEck Semiconductor ETF by 100.1% during the 4th quarter. LMR Partners LLP now owns 1,474 shares of the company’s stock worth $357,000 after purchasing an additional 1,381,969 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in VanEck Semiconductor ETF in the 4th quarter valued at approximately $144,385,000. CMT Capital Markets Trading GmbH grew its holdings in VanEck Semiconductor ETF by 101.1% during the 4th quarter. CMT Capital Markets Trading GmbH now owns 6,049 shares of the company’s stock valued at $1,466,000 after buying an additional 537,538 shares during the last quarter. D. E. Shaw & Co. Inc. purchased a new position in VanEck Semiconductor ETF during the fourth quarter worth $121,329,000. Finally, JPMorgan Chase & Co. raised its holdings in shares of VanEck Semiconductor ETF by 48.2% in the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock worth $319,983,000 after acquiring an additional 424,042 shares during the last quarter.

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.