Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares PHLX SOX Semiconductor Sector Index Fund (NASD: SOXX) where we have detected an approximate $26.6 million dollar outflow — that’s a 14.1% decrease week over week (from 3,200,000 to 2,750,000). Among the largest underlying components of SOXX, in trading today Texas Instruments Inc. (NASD: TXN) is down about 0.5%, Broadcom Corp. (NASD: BRCM) is down about 0.8%, and Applied Materials, Inc. (NASD: AMAT) is lower by about 1%. For a complete list of holdings, visit the SOXX Holdings page » …read more
Source: FULL ARTICLE at Forbes Markets
Tag Archives: SOXX
Noteworthy ETF Outflows: SOXX, BRCM, TSM, MU
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares PHLX SOX Semiconductor Sector Index Fund (NASD: SOXX) where we have detected an approximate $26.0 million dollar outflow — that’s a 11.0% decrease week over week (from 4,100,000 to 3,650,000). Among the largest underlying components of SOXX, in trading today Broadcom Corp. (NASD: BRCM) is down about 1.1%, Taiwan Semiconductor Manufacturing Co., Ltd. (NYSE: TSM) is down about 1.8%, and Micron Technology Inc. (NASD: MU) is up by about 1.8%. For a complete list of holdings, visit the SOXX Holdings page » …read more
Source: FULL ARTICLE at Forbes Markets