YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) Shares Up 1.3% – Time to Buy?

YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) shares rose 1.3% during mid-day trading on Thursday. The company traded as high as $70.68 and last traded at $70.40. 643,689 shares traded hands during trading, an increase of 14% from the average session volume of 562,781 shares. The stock had previously closed at $69.51.

YieldMax Semiconductor Portfolio Option Income ETF Stock Performance

The company has a market capitalization of $1.32 billion, a price-to-earnings ratio of 32.25 and a beta of 2.21. The company has a 50-day moving average price of $68.14 and a 200-day moving average price of $70.69.

Institutional Inflows and Outflows

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

YieldMax Semiconductor Portfolio Option Income ETF Company Profile

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.