Semiconductor ETFs SMH, SOXX, SOXL post first-ever sweep of top 3 weekly fund inflows

SMH VanEck Semiconductor ETF

$527.20 +0.74%

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SOXL +1.77% SOXX +0.53%

1. 1VanEck Semiconductor ETF (SMH), iShares Semiconductor ETF (SOXX), and Direxion Semiconductor 3x ETF (SOXL) took the top three spots for weekly fund inflows.
2. 2Bloomberg analyst Eric Balchunas said it was a first for the sector, noting that selling pressure the prior week served as a catalyst, followed by a rebound of up to 7% (24% for SOXL).
3. 3After doubling in the first half on AI momentum, the ETFs plunged in July, and all three fell in Monday's premarket on profit-taking.

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