Today’s ETF Action: VanEck Vectors Semiconductor ETF Saw $-64.45M Redemptions Because Of -12.38% AUM Decrease

Today's ETF Action: VanEck Vectors Semiconductor ETF Saw $ 64.45M Redemptions Because Of  12.38% AUM Decrease

Today were reported VanEck Vectors Semiconductor ETF (NYSEARCA:SMH)‘s daily net flows. The ETF registered $-64.45M asset outflows for -12.38% decrease, reaching $455.94M after yestarday’s trading session. The chart of VanEck Vectors Semiconductor ETF shows negative short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF decreased 0.92% or $0.63 on November 1, hitting $67.64. It is down 22.80% since March 31, 2016 and is uptrending. It has outperformed by 20.28% the S&P500.

The ETF’s YTD performance is 30.39%, the 1 year is 42.24% and the 3 year is 22.27%.

The ETF’s average P/E ratio is 20.79, the price to book is 3.76, the price to sales is 3.71 and the price to cashflow is 10.85. VanEck Vectors Semiconductor ETF is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Intel Corporation for 15.52% of assets, Taiwan Semiconductor Manufacturing Co Ltd ADR for 14.89%, QUALCOMM Incorporated for 9.03%, Broadcom Limited – Ordinary Sha for 5.50%, NXP Semiconductors N.V. for 5.14%, Texas Instruments Incorporated for 4.83%, NVIDIA Corporation for 4.77%, ASML Holding N.V. – ADS represe for 4.44%, Applied Materials Inc. for 4.34%, Micron Technology Inc. for 3.96%. The ETF sector weights are: Technology 100.00%. The ETF currently as 0% yield.

More notable recent VanEck Vectors Semiconductor ETF (NYSEARCA:SMH) news were published by: Etfdailynews.com which released: “Global Semiconductor Sales Surge to New Record in Q3” on November 01, 2016, also Marketwatch.com with their article: “VanEck Vectors Semiconductor ETF” published on February 02, 2010, Etfdailynews.com published: “Are Semiconductor ETFs a Buy After Qualcomm/NXP Mega Merger?” on October 29, 2016. More interesting news about VanEck Vectors Semiconductor ETF (NYSEARCA:SMH) were released by: Etfdailynews.com and their article: “Semiconductor ETF Jumps on News of Qualcomm’s $30B Pursuit of NXP” published on September 29, 2016 as well as Etfdailynews.com‘s news article titled: “Investors are Taking Profits in This Semiconductor ETF” with publication date: October 03, 2016.

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