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

VanEck Semiconductor ETF (NASDAQ:SMH) was the recipient of unusually large options trading activity on Thursday. Investors bought 226,647 put options on the stock. This represents an increase of 89% compared to the typical daily volume of 119,996 put options.

VanEck Semiconductor ETF Stock Down 1.4%

VanEck Semiconductor ETF stock opened at $406.37 on Friday. The stock has a market capitalization of $44.41 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 $427.94. The company has a 50 day moving average of $394.07 and a 200-day moving average of $353.19.

VanEck Semiconductor ETF Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were issued a dividend of $1.1047 per share. The ex-dividend date was Monday, December 22nd. This represents a dividend yield of 31.0%.

Hedge Funds Weigh In On VanEck Semiconductor ETF

A number of large investors have recently bought and sold shares of SMH. Arwa LLC acquired a new position in VanEck Semiconductor ETF during the fourth quarter worth $385,000. Instrumental Wealth LLC lifted its position in VanEck Semiconductor ETF by 8.7% during the 4th quarter. Instrumental Wealth LLC now owns 948 shares of the company’s stock worth $341,000 after buying an additional 76 shares in the last quarter. MidFirst Bank acquired a new position in shares of VanEck Semiconductor ETF during the 4th quarter worth about $144,000. Investment Insight Wealth Management LLC bought a new position in shares of VanEck Semiconductor ETF in the 4th quarter valued at about $534,000. Finally, Monetary Solutions Ltd acquired a new stake in shares of VanEck Semiconductor ETF in the fourth quarter valued at about $160,000.

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.