YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) Sets New 12-Month High – Still a Buy?

YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY)’s stock price hit a new 52-week high on Thursday . The company traded as high as $82.75 and last traded at $79.82, with a volume of 921764 shares. The stock had previously closed at $81.61.

YieldMax Semiconductor Portfolio Option Income ETF Stock Down 2.2%

The business has a 50-day simple moving average of $65.56 and a two-hundred day simple moving average of $60.60. The company has a market cap of $716.78 million, a price-to-earnings ratio of 32.25 and a beta of 2.63.

Institutional Trading of 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. purchased a new position in YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 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.