Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the Semiconductor ETF (SMH), which shed 3,900,000 shares, or a 33.1% decrease week over week. Among the largest underlying components of SMH, in morning trading today Intel Corporation (INTC) is off about 0.6%, and Taiwan Semiconductor Manufacturi (TSM) is up by about 0.1%.