Significant Outflows Impact iShares Semiconductor ETF

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The iShares Semiconductor ETF (SOXX) experienced a significant outflow of approximately $201.5 million, marking a 2.8% decrease in shares outstanding from 17,600,000 to 17,100,000 week-over-week.

As of the latest trading session, SOXX’s share price is $405.06, with a 52-week low of $287.82 and a high of $507.88. Among its key holdings, KLA Corp (KLAC) was down 0.8%, while Micron Technology Inc. (MU) and NXP Semiconductors NV (NXPI) saw increases of 0.7% and 1.8%, respectively.

This notable outflow could impact the underlying components of the ETF as it adjusts to market demand.

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