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

VanEck Semiconductor ETF (NASDAQ:SMH) was the target of some unusual options trading on Friday. Stock traders purchased 157,492 put options on the company. This represents an increase of approximately 37% compared to the typical volume of 114,704 put options.

VanEck Semiconductor ETF Stock Up 0.3%

SMH stock opened at $326.13 on Friday. The firm has a market capitalization of $32.74 billion, a PE ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a twelve month low of $170.11 and a twelve month high of $372.78. The stock’s 50 day moving average is $339.16 and its 200-day moving average is $297.08.

Hedge Funds Weigh In On VanEck Semiconductor ETF

Several large investors have recently bought and sold shares of the stock. Realta Investment Advisors raised its holdings in shares of VanEck Semiconductor ETF by 84.4% in the third quarter. Realta Investment Advisors now owns 83 shares of the company’s stock valued at $27,000 after purchasing an additional 38 shares during the last quarter. Grove Bank & Trust bought a new stake in VanEck Semiconductor ETF in the 2nd quarter worth about $25,000. Trust Co. of Toledo NA OH bought a new stake in VanEck Semiconductor ETF in the 2nd quarter worth about $25,000. Sound Income Strategies LLC increased its stake in VanEck Semiconductor ETF by 175.8% in the 3rd quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $31,000 after buying an additional 58 shares during the last quarter. Finally, Grey Fox Wealth Advisors LLC bought a new position in shares of VanEck Semiconductor ETF during the 3rd quarter worth approximately $31,000.

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.