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SMH Put VANECK ETF TRUST

CUSIP 92189F676 · Position ID 92189F676-put-1 · Trade 1 of 2 · 1 filing · Disclosed $570.1M in Q2 2025 · Exited by Q3 2025

Likely a protective put — the fund also held common stock on this name in overlapping quarters.

Stock performance during trade #1

Price at date of first disclosure$278.012025-06-30
Price at date of exit disclosure$325.35exited by Q3 2025
Put direction-17.0%entry → exit (stock down = put wins)
183283382481580Q4 '24Q2 '25Q4 '25now

commonputlatest closeUSD

Put positions profit when the underlying falls — so the "put direction" is shown as the inverse of the stock's move. 13F doesn't disclose option strike, expiry, or premium, so this is a directional read only, not an actual P&L.

By quarter

QuarterValueWeightSharesClassFiling
Q2 2025$570.1M26.9%2,044,100SEMICONDUCTR ETFView →
Q3 2025Exited0no 13F row