YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) Hits New 1-Year High – Should You Buy?

YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $76.93 and last traded at $76.80, with a volume of 63359 shares. The stock had previously closed at $76.00.

YieldMax Semiconductor Portfolio Option Income ETF Trading Up 2.4%

The business has a 50-day moving average price of $63.73 and a 200 day moving average price of $60.00. The stock has a market capitalization of $698.82 million, a P/E ratio of 32.25 and a beta of 2.62.

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. acquired a new position in YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 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.