Significant ETF Outflows Impacting SMH, TSM, ASML, and KLAC

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The VanEck Semiconductor ETF (SMH) experienced a significant outflow of approximately $778.6 million, marking a 1.1% decrease in shares outstanding, from 114,291,874 to 112,991,874 week over week.

As of the latest trading session, notable movements among SMH’s largest components include Taiwan Semiconductor Manufacturing Co. (TSM) rising by 5.2%, while ASML Holding NV (ASML) and KLA Corp (KLAC) fell by 0.7% and 1.2%, respectively. The ETF’s share price is currently at $600.85, compared to its 52-week low of $238.96 and high of $612.30.

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