Semiconductor ETF Experiences Big Outflow

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Semiconductor ETF (Symbol: SMH) where we have detected an approximate $190.5 million dollar outflow -- that's a 2.6% decrease week over week (from 31,120,937 to 30,320,937). Among the largest underlying components of SMH, in trading today Taiwan Semiconductor Manufacturing Co., Ltd. (Symbol: TSM) is down about 1.6%, ASML Holding NV (Symbol: ASML) is off about 1.5%, and Lam Research Corp (Symbol: LRCX) is lower by about 0.3%. For a complete list of holdings, visit the SMH Holdings page The chart below shows the one year price performance of SMH, versus its 200 day moving average:

Looking at the chart above, SMH's low point in its 52 week range is $166.97 per share, with $290.3528 as the 52 week high point that compares with a last trade of $236.34. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average .