iShares Semiconductor ETF Changes
BlackRock, Inc. announced that the iShares Exchange Traded Funds (ETFs) business, the world’s largest provider of ETFs, is changing the index, name, ticker and primary listing exchange of the iShares Semiconductor ETF.
Eight State Street ETFs to Be Rebalanced on S&P Procedural Change
State Street Global Advisors will rebalance eight of its most popularly traded Standard and Poor’s based funds to comply with new procedural changes. The funds will be rebalanced based on equal weighting from the closing price on June 12. The revised portfolios will be completed by June 19, according to the press release. The following [...]
Investor Sentiment toward Semiconductor ETF is Optimistic
Elevated trading activity in the options market tells the story on which direction investors believe the semiconductor industry is heading. Though a common semiconductor ETF is currently trading at about half the value of its high achieved last year, many investors are betting on the fund’s revival. TheStreet.com relays data reported by Chris McKhann of [...]
Semiconductor ETFs Surge through the Finish Line
The past year has been a marathon for many industries, especially semiconductors. With January 2008 as the starting line, semiconductor stocks maintained a steady pace through the first half of the race; however, the industry lacked in endurance during the second half of the year. From mid-August through mid-November, Semiconductor HOLDRs ETF (SMH: Quote, Profile, [...]
Long-term Outlook Bright for Solar ETFs
The solar industry has been under a cloud for much of 2008. The forecast, however, predicts sunny skies ahead. Despite many companies pulling back the spending reins during current market uncertainty, the growing demand for solar has attracted major investor contributions to this alternative energy industry. Melinda Peer of Forbes reports that Hemlock Semiconductor group, [...]
ETF Assets Continue to Increase In November
November was good to ETFs and hard on mutual funds as $17.6 billion poured into ETFs and $66.6 billion left mutual funds according to TrimTabs Investment Research estimates. Led by treasury, gold, and leveraged inverse plays in oil and chips, the bears beat the bulls for the third consecutive month said Trans Ho of Investor’s [...]
Semiconductor ETFs Struggle as Consumers Put the Brakes on Spending
For investors taking the ultra short side of the semiconductor industry, it has been a banner year. That being the case, it is clear see that semiconductors have struggled tremendously during 2008. Senior analyst for Zacks Investment Research, Ken Nagy, explains the transition of this industry in TheStreet.com article, saying, “Over the past 10 years, [...]
Taiwan Stock Exchange Gearing Up for New Global Semiconductor ETF
Microchip demand is expected to gradually increase over the upcoming months of 2008, and a Taiwan fund firm is set to capture the global semiconductor industry with a new ETF. Jessie Ho of Dow Jones Newswires reports that the Taiwan firm, known as Primasia Investment Trust Co., plans to raise NT$10 billion for the ETF [...]
Semiconductor ETF Sustained as Worldwide Demand Grows
The Semiconductor Industry Association (SIA) has reported a rise in worldwide demand for semiconductor chips, and as a result, a related ETF has shown recent strength. The SIA has just released a study illustrating that worldwide sales of semiconductors have increased by more that 5% over the first six months of 2008 compared with that [...]
Semiconductor Industry Looking For Turnaround in Second Half of 2008
The semiconductor industry followed the overall market downward in the first half of the year; however, some analysts believe there’s potential for a different result in the second half. Betsy Van Hees, semiconductor analyst for Caris & Company, states in TheStreet.com article, “Barring any major changes in the macroeconomic environment, we are expecting typical, seasonality [...]
