Traders Purchase High Volume of Put Options on VanEck Semiconductor ETF (NASDAQ:SMH)

VanEck Semiconductor ETF (NASDAQ:SMH) was the recipient of unusually large options trading on Friday. Stock traders bought 124,438 put options on the stock. This is an increase of 56% compared to the typical volume of 79,787 put options.

Institutional Trading of VanEck Semiconductor ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Fiduciary Planning LLC increased its stake in shares of VanEck Semiconductor ETF by 24.3% in the fourth quarter. Fiduciary Planning LLC now owns 41,641 shares of the company’s stock worth $10,084,000 after acquiring an additional 8,134 shares during the period. Financial Partners Group Inc purchased a new position in shares of VanEck Semiconductor ETF during the 4th quarter valued at about $369,000. Princeton Global Asset Management LLC purchased a new position in VanEck Semiconductor ETF during the fourth quarter valued at approximately $57,000. Chicago Capital LLC acquired a new position in shares of VanEck Semiconductor ETF in the 4th quarter valued at $332,000. Finally, Means Investment CO. Inc. grew its position in shares of VanEck Semiconductor ETF by 8.1% during the 4th quarter. Means Investment CO. Inc. now owns 19,399 shares of the company’s stock valued at $4,698,000 after acquiring an additional 1,453 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of SMH stock opened at $261.53 on Friday. The stock’s fifty day moving average price is $248.18 and its 200 day moving average price is $245.98. VanEck Semiconductor ETF has a 1-year low of $184.15 and a 1-year high of $283.07. The company has a market cap of $24.80 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were issued a dividend of $1.0713 per share. The ex-dividend date was Monday, December 23rd.

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.