The VanEck Semiconductor ETF (SMH) experienced a significant outflow of approximately $612.5 million, marking a 2.3% week-over-week decrease in shares outstanding, from 96,091,874 to 93,891,874. This change was observed recently as trading fluctuated among key holdings, with Taiwan Semiconductor Manufacturing Co., Ltd. (TSM) down 1.3%, ASML Holding NV (ASML) up 0.1%, and STMicroelectronics NV (STM) up 1.1%.
Currently, SMH’s share price stands at $278.08, situated between its 52-week low of $170.11 and high of $283.07. The recent performance is compared against its 200-day moving average, which serves as a critical indicator for technical analysis.
