YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) Hits New 1-Year Low – Should You Sell?

YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY)’s share price reached a new 52-week low during trading on Thursday. The stock traded as low as $50.46 and last traded at $49.7140, with a volume of 399,832 shares. The stock had previously closed at $54.01.

YieldMax Semiconductor Portfolio Option Income ETF Stock Up 4.2%

The company has a fifty day moving average of $64.29 and a two-hundred day moving average of $67.32. The stock has a market capitalization of $1.10 billion, a price-to-earnings ratio of 32.25 and a beta of 2.31.

Institutional Trading of YieldMax Semiconductor Portfolio Option Income ETF

An institutional investor recently bought a new stake in YieldMax Semiconductor Portfolio Option Income ETF stock. Sunbelt Securities Inc. purchased a new position in shares of YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 900 shares of the company’s stock, valued at approximately $50,000.

YieldMax Semiconductor Portfolio Option Income ETF Company Profile

CHPY is an actively managed ETF that seeks current income and capital appreciation by investing directly in a select portfolio of 15-30 semiconductor companies. It aims to generate income through an options portfolio on semiconductor companies and/or semiconductor ETFs.