YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) Shares Up 1.6% – Should You Buy?

YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY)’s stock price traded up 1.6% on Monday . The company traded as high as $73.35 and last traded at $72.72. Approximately 560,527 shares changed hands during mid-day trading, an increase of 1% from the average daily volume of 557,417 shares. The stock had previously closed at $71.56.

YieldMax Semiconductor Portfolio Option Income ETF Stock Down 4.3%

The company has a market cap of $1.06 billion, a P/E ratio of 32.25 and a beta of 2.23. The company’s 50-day moving average is $76.20 and its two-hundred day moving average is $68.84.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in YieldMax Semiconductor Portfolio Option Income ETF stock. Sunbelt Securities Inc. purchased a new position in shares of YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm 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.