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

YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY – Get Free Report)’s stock price hit a new 52-week low during trading on Thursday. The company traded as low as $50.46 and last traded at $49.7140, with a volume of 399,832 shares. The stock had previously closed at $54.01.

YieldMax Semiconductor Portfolio Option Income ETF Stock Performance

The stock has a market capitalization of $1.05 billion, a P/E ratio of 32.25 and a beta of 2.10. The firm has a 50-day moving average price of $65.07 and a 200 day moving average price of $67.44.

Hedge Funds Weigh In On YieldMax Semiconductor Portfolio Option Income ETF

An institutional investor recently bought a new stake in YieldMax Semiconductor Portfolio Option Income ETF stock. Sunbelt Securities Inc. purchased a new stake in shares of YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY – Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 900 shares of the company’s stock, valued at approximately $50,000.

YieldMax Semiconductor Portfolio Option Income ETF Company Profile

(Get Free Report)

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.

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