VanEck Semiconductor ETF Target of Unusually High Options Trading (NASDAQ:SMH)

VanEck Semiconductor ETF (NASDAQ:SMH) was the recipient of some unusual options trading on Thursday. Traders acquired 160,842 put options on the company. This represents an increase of 46% compared to the average volume of 109,817 put options.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $403.46 on Friday. VanEck Semiconductor ETF has a one year low of $170.11 and a one year high of $420.60. The company has a market cap of $43.53 billion, a P/E ratio of 34.83 and a beta of 1.52. The business has a fifty day moving average of $373.54 and a two-hundred day moving average of $336.91.

VanEck Semiconductor ETF Announces Dividend

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

Hedge Funds Weigh In On VanEck Semiconductor ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Alpha Cubed Investments LLC increased its position in shares of VanEck Semiconductor ETF by 2.5% in the third quarter. Alpha Cubed Investments LLC now owns 1,170 shares of the company’s stock valued at $382,000 after buying an additional 28 shares in the last quarter. Hazlett Burt & Watson Inc. raised its position in VanEck Semiconductor ETF by 24.1% during the third quarter. Hazlett Burt & Watson Inc. now owns 144 shares of the company’s stock worth $46,000 after acquiring an additional 28 shares during the last quarter. Klingman & Associates LLC lifted its holdings in shares of VanEck Semiconductor ETF by 2.7% in the third quarter. Klingman & Associates LLC now owns 1,100 shares of the company’s stock valued at $359,000 after purchasing an additional 29 shares in the last quarter. Armstrong Advisory Group Inc. increased its stake 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 worth $585,000 after purchasing an additional 29 shares in the last quarter. Finally, Global Financial Private Client LLC increased its stake in shares of VanEck Semiconductor ETF by 0.8% during the 3rd quarter. Global Financial Private Client LLC now owns 3,947 shares of the company’s stock worth $1,288,000 after purchasing an additional 32 shares in the last quarter.

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.