Traders Buy Large Volume of VanEck Semiconductor ETF Put Options (NASDAQ:SMH)

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

Institutional Investors Weigh In On VanEck Semiconductor ETF

Large investors have recently added to or reduced their stakes in the business. Sanctuary Wealth Management L.L.C. purchased a new position in VanEck Semiconductor ETF in the third quarter worth approximately $25,000. Macroview Investment Management LLC raised its stake in 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. Silicon Valley Capital Partners purchased a new position in shares of VanEck Semiconductor ETF in the 1st quarter valued at about $25,000. FinTrust Capital Advisors LLC raised its position in shares of VanEck Semiconductor ETF by 363.2% during the 3rd 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 purchased a new stake in VanEck Semiconductor ETF during the fourth quarter worth approximately $30,000.

VanEck Semiconductor ETF Price Performance

Shares of SMH opened at $217.73 on Friday. The stock has a market cap 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. The firm has a 50-day simple moving average of $218.87 and a two-hundred day simple moving average of $187.18.

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.