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The VanEck Semiconductor ETF (SMH) saw an inflow of approximately $1.4 billion this week, marking a 3.8% week-over-week increase in outstanding units, from 100,391,874 to 104,191,874. This data was recorded on [insert date here] and indicates growing investor interest.
Key underlying companies in the ETF, including NVIDIA Corp (NVDA) which dropped 3.1%, Taiwan Semiconductor Manufacturing Co., Ltd. (TSM) which fell 1.6%, and Micron Technology Inc. (MU) which decreased by 4.8%, have contributed to this trend. The current share price of SMH stands at $352.25, situated between its 52-week low of $170.11 and a high of $372.78.
This week’s notable inflow could lead to increased purchasing of the ETF’s underlying holdings, influencing the overall market performance of the semiconductor sector.
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