YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) Reaches New 52-Week High – Here’s What Happened

YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $86.65 and last traded at $85.70, with a volume of 321514 shares changing hands. The stock had previously closed at $82.65.

YieldMax Semiconductor Portfolio Option Income ETF Price Performance

The firm has a market cap of $748.03 million, a price-to-earnings ratio of 32.25 and a beta of 2.17. The firm has a 50 day moving average price of $72.86 and a 200-day moving average price of $63.23.

Hedge Funds Weigh In On YieldMax Semiconductor Portfolio Option Income ETF

A hedge fund recently bought a new stake in YieldMax Semiconductor Portfolio Option Income ETF stock. Sunbelt Securities Inc. bought a new stake in YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 900 shares of the company’s stock, valued at approximately $50,000.

About YieldMax Semiconductor Portfolio Option Income ETF

CHPY is an actively managed ETF that seeks current income and capital appreciation by investing directly in a select portfolio of 15-30 semiconductor companies. It aims to generate income through an options portfolio on semiconductor companies and/or semiconductor ETFs.