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

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

Institutional Trading of VanEck Semiconductor ETF

Several hedge funds and other institutional investors have recently bought and sold shares of SMH. FinTrust Capital Advisors LLC increased its stake in VanEck Semiconductor ETF by 363.2% during the third quarter. FinTrust Capital Advisors LLC now owns 176 shares of the company’s stock valued at $26,000 after purchasing an additional 138 shares during the last quarter. Raymond James & Associates raised its stake in VanEck Semiconductor ETF by 8.5% during the third quarter. Raymond James & Associates now owns 173,791 shares of the company’s stock worth $25,196,000 after acquiring an additional 13,634 shares during the period. Stratos Wealth Partners LTD. lifted its holdings in VanEck Semiconductor ETF by 18.2% in the third quarter. Stratos Wealth Partners LTD. now owns 18,622 shares of the company’s stock worth $2,700,000 after acquiring an additional 2,874 shares during the last quarter. Eudaimonia Partners LLC acquired a new position in VanEck Semiconductor ETF in the third quarter valued at approximately $446,000. Finally, Total Clarity Wealth Management Inc. grew its holdings in shares of VanEck Semiconductor ETF by 41.6% during the third quarter. Total Clarity Wealth Management Inc. now owns 3,606 shares of the company’s stock valued at $523,000 after purchasing an additional 1,059 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $217.73 on Friday. The firm has a market cap of $18.40 billion, a price-to-earnings 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 stock’s 50-day simple moving average is $219.05 and its 200-day simple moving average is $187.65.

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.