SMH, EFZ: Big ETF Outflows
September 18, 2015 at 10:48 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 1,950,000 units were destroyed, or a 33.2% decrease week over week. Among the largest underlying components of SMH, in morning trading today Intel Corporation (INTC) is off about 1.1%, and Taiwan Semiconductor Manufacturing (TSM) is lower by about 0.2%.