SMH, PZI: Big ETF Outflows
October 09, 2017 at 10:49 AM EDT
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Semiconductor ETF (SMH), where 6,650,063 units were destroyed, or a 38.8% decrease week over week. Among the largest underlying components of SMH, in morning trading today Taiwan Semiconductor Manufacturing (TSM) is up about 0.3%, and Intel Corporation (INTC) is relatively unchanged.
