ETF.com Insight
Microchip Technology Incorporated is a company in the U.S. stock market and it is a holding in 224 U.S.-traded ETFs. MCHP has around 75.3M shares in the U.S. ETF market. The largest ETF holder of MCHP is the Invesco QQQ Trust (QQQ), with approximately 7.90M shares. Investors may also find of interest that the ETF with the largest allocation to MCHP stock is iShares Semiconductor ETF (SOXX), with a portfolio weight of 4.36%. On average, U.S. ETFs allocate 0.45% of MCHP to their portfolios.
Additionally, MCHP is a favorite stock for Vanilla and Active ETFs. It is also most likely to belong to Broad-based ETFs. The best-performing ETF in the past 12 months with MCHP as a holding is the ProShares Ultra QQQ (QLD), with a return of 70.08%.