Unusual Volume Alert: Friday’s Spotlight on SMHX ETF

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The VanEck Fabless Semiconductor ETF (SMHX) experienced significant trading activity on Friday, with over 727,000 shares traded, compared to a three-month average of 92,000 shares. As of the trading session, SMHX shares were down by approximately 3%.

Key components within the ETF included Nvidia, which saw a decline of 3.2% with over 120.4 million shares exchanged, and Marvell Technology, which dropped by 16.1% with a trading volume of over 49.9 million shares. Conversely, Ambarella experienced gains, rising by about 20.1%.

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