Traders Buy Large Volume of Put Options on VanEck Semiconductor ETF (NASDAQ:SMH)

VanEck Semiconductor ETF (NASDAQ:SMH) was the recipient of unusually large options trading activity on Thursday. Stock traders bought 129,690 put options on the company. This is an increase of approximately 34% compared to the typical volume of 96,576 put options.

Institutional Trading of VanEck Semiconductor ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of VanEck Semiconductor ETF by 64.3% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,610,000 shares of the company’s stock worth $245,122,000 after buying an additional 630,000 shares in the last quarter. CI Investments Inc. boosted its holdings in shares of VanEck Semiconductor ETF by 166.7% during the third quarter. CI Investments Inc. now owns 1,553,303 shares of the company’s stock worth $225,198,000 after purchasing an additional 970,943 shares during the period. Jane Street Group LLC raised its stake in VanEck Semiconductor ETF by 28.2% in the first quarter. Jane Street Group LLC now owns 1,080,467 shares of the company’s stock worth $284,368,000 after buying an additional 237,394 shares in the last quarter. Morgan Stanley increased its position in shares of VanEck Semiconductor ETF by 25.8% during the fourth quarter. Morgan Stanley now owns 810,841 shares of the company’s stock valued at $164,552,000 after acquiring an additional 166,418 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in VanEck Semiconductor ETF by 83.7% in the second quarter. JPMorgan Chase & Co. now owns 781,438 shares of the company’s stock worth $118,974,000 after purchasing an additional 356,057 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 0.0 %

Shares of NASDAQ SMH traded up $0.10 during midday trading on Thursday, reaching $224.99. The company’s stock had a trading volume of 3,703,046 shares, compared to its average volume of 8,972,710. VanEck Semiconductor ETF has a fifty-two week low of $118.57 and a fifty-two week high of $239.14. The stock has a 50 day simple moving average of $207.23 and a 200-day simple moving average of $174.61. The stock has a market capitalization of $16.23 billion, a price-to-earnings ratio of 17.19 and a beta of 1.35.

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.