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 Friday. Stock investors purchased 124,438 put options on the stock. This represents an increase of 56% compared to the typical daily volume of 79,787 put options.

Institutional Trading of VanEck Semiconductor ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Mendota Financial Group LLC purchased a new position in shares of VanEck Semiconductor ETF in the 3rd quarter worth about $25,000. Hartford Financial Management Inc. raised its position in VanEck Semiconductor ETF by 61.9% during the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after purchasing an additional 39 shares during the last quarter. Financial Management Professionals Inc. bought a new position in VanEck Semiconductor ETF during the 3rd quarter valued at approximately $28,000. Darwin Wealth Management LLC bought a new position in VanEck Semiconductor ETF during the 3rd quarter valued at approximately $29,000. Finally, Pathway Financial Advisers LLC raised its position in VanEck Semiconductor ETF by 194.2% during the 3rd quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock valued at $38,000 after purchasing an additional 101 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of SMH opened at $261.53 on Friday. The firm has a market cap of $25.17 billion, a PE ratio of 18.82 and a beta of 1.35. The stock’s fifty day moving average price is $248.62 and its two-hundred day moving average price is $245.89. VanEck Semiconductor ETF has a 1 year low of $184.15 and a 1 year high of $283.07.

VanEck Semiconductor ETF Announces Dividend

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

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.