SMH, QINC: Big ETF Outflows
January 30, 2018 at 10:50 AM EST
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 3,450,000 units were destroyed, or a 27.7% decrease week over week. Among the largest underlying components of SMH, in morning trading today Taiwan Semiconductor Manufacturing (TSM) is off about 1%, and Intel (INTC) is lower by about 0.1%.