VanEck Semiconductor ETF Sees Unusually High Options Volume (NASDAQ:SMH)

VanEck Semiconductor ETF (NASDAQ:SMH) was the recipient of unusually large options trading on Thursday. Stock investors acquired 226,647 put options on the stock. This is an increase of 89% compared to the average volume of 119,996 put options.

Institutional Investors Weigh In On VanEck Semiconductor ETF

A number of hedge funds have recently made changes to their positions in the business. Brooklyn Investment Group raised its stake in shares of VanEck Semiconductor ETF by 2.2% in the 4th quarter. Brooklyn Investment Group now owns 1,192 shares of the company’s stock worth $434,000 after buying an additional 26 shares in the last quarter. Alpha Cubed Investments LLC raised its position in VanEck Semiconductor ETF by 2.5% in the third quarter. Alpha Cubed Investments LLC now owns 1,170 shares of the company’s stock worth $382,000 after acquiring an additional 28 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its holdings in VanEck Semiconductor ETF by 24.1% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 144 shares of the company’s stock valued at $46,000 after acquiring an additional 28 shares during the last quarter. Klingman & Associates LLC lifted its holdings in VanEck Semiconductor ETF by 2.7% in the 3rd quarter. Klingman & Associates LLC now owns 1,100 shares of the company’s stock valued at $359,000 after acquiring an additional 29 shares during the last quarter. Finally, Armstrong Advisory Group Inc. boosted its position in shares of VanEck Semiconductor ETF by 1.8% during the 4th quarter. Armstrong Advisory Group Inc. now owns 1,624 shares of the company’s stock valued at $585,000 after purchasing an additional 29 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $412.01 on Friday. The firm has a fifty day moving average of $393.07 and a 200-day moving average of $352.40. The company has a market cap of $45.03 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 1 year low of $170.11 and a 1 year high of $427.94.

VanEck Semiconductor ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a dividend of $1.1047 per share. This represents a yield of 31.0%. The ex-dividend date of this dividend was Monday, December 22nd.

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.