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

VanEck Semiconductor ETF (NASDAQ:SMH) saw unusually large options trading on Friday. Investors acquired 168,862 put options on the company. This is an increase of approximately 67% compared to the average daily volume of 101,307 put options.

Institutional Investors Weigh In On VanEck Semiconductor ETF

Large investors have recently modified their holdings of the stock. Duncker Streett & Co. Inc. lifted its holdings in VanEck Semiconductor ETF by 3.9% during the 4th quarter. Duncker Streett & Co. Inc. now owns 1,081 shares of the company’s stock worth $262,000 after buying an additional 41 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its stake in shares of VanEck Semiconductor ETF by 2.2% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,905 shares of the company’s stock valued at $461,000 after purchasing an additional 41 shares during the period. Delos Wealth Advisors LLC lifted its stake in shares of VanEck Semiconductor ETF by 0.6% in the 1st quarter. Delos Wealth Advisors LLC now owns 7,402 shares of the company’s stock valued at $1,565,000 after purchasing an additional 43 shares during the period. Sound View Wealth Advisors Group LLC increased its position in shares of VanEck Semiconductor ETF by 1.3% in the 1st quarter. Sound View Wealth Advisors Group LLC now owns 3,511 shares of the company’s stock valued at $742,000 after buying an additional 46 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC increased its position in shares of VanEck Semiconductor ETF by 1.2% in the 1st quarter. Signature Estate & Investment Advisors LLC now owns 3,990 shares of the company’s stock valued at $844,000 after buying an additional 47 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 0.9%

Shares of SMH opened at $260.27 on Friday. VanEck Semiconductor ETF has a 12-month low of $170.11 and a 12-month high of $283.07. The firm has a market capitalization of $23.58 billion, a price-to-earnings ratio of 30.48 and a beta of 1.35. The stock’s 50-day moving average price is $232.97 and its 200 day moving average price is $235.45.

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.