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Semiconductor ETF $SMH Sees Record $1.3 Billion Weekly Inflows

Semiconductor ETF $SMH Sees Record $1.3 Billion Weekly Inflows

The fund's inflows surpass its previous Q1 2022 record, more than doubling the 2024 weekly average.

Summary

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Terms & Concepts
  • ETF (Exchange-Traded Fund): An investment fund traded on stock exchanges, holding a mix of assets such as stocks or commodities.
  • Leveraged ETF: A type of exchange-traded fund that uses financial derivatives and debt to amplify returns.
  • Nasdaq 100: An index of 100 of the largest non-financial companies listed on the Nasdaq stock exchange.