The VanEck Semiconductor ETF (SMH) experienced a significant week-over-week inflow of approximately $947.7 million, marking a 1.4% increase in outstanding units from 114,591,874 to 116,191,874. This inflow highlights the growing investor interest in semiconductor stocks.
As of the latest data, SMH’s share price is $616.14, within a 52-week range of $278.55 to $671.83. Among its key components, Taiwan Semiconductor Manufacturing Co. (TSM) rose by 5.3%, while Applied Materials (AMAT) and KLA Corp (KLAC) saw increases of 1% and 1.6%, respectively.
This uptick in SMH units indicates robust demand, which may require purchasing additional underlying stocks in the ETF.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
