ETF Trends
04-16-2008, 05:43 AM
ETF Trends - Keeping a Grip on Exchange Traded Funds (ETFs)
http://www.etftrends.com/images/2008/04/15/semi3.gif (http://etftrends.typepad.com/photos/uncategorized/2008/04/15/semi3.gif) Semiconductor maker Intel Corp (INTC (http://finance.yahoo.com/q?s=intc)) reported a lower quarterly net profit and revenue ahead of expectations, sending shares and semiconductor exchange traded funds (ETFs) higher in after-hours trading.
Intel is one of the bellwethers for the technology sector, reports Reuters (http://biz.yahoo.com/rb/080415/intel_results.html), and the company makes up 21% of the Semiconductor HOLDRs (SMH (http://finance.yahoo.com/q?s=smh)). Year-to-date, the fund is down 11%. Intel is also 8.3% of iShares S&P North American Tech-Semiconductors (IGW (http://finance.yahoo.com/q?s=IGW)), which is down 15.7% year-to-date.
http://www.etftrends.com/images/2008/04/15/z_6.png (http://etftrends.typepad.com/photos/uncategorized/2008/04/15/z_6.png)
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/271271368/intels-news-boo.html)
http://www.etftrends.com/images/2008/04/15/semi3.gif (http://etftrends.typepad.com/photos/uncategorized/2008/04/15/semi3.gif) Semiconductor maker Intel Corp (INTC (http://finance.yahoo.com/q?s=intc)) reported a lower quarterly net profit and revenue ahead of expectations, sending shares and semiconductor exchange traded funds (ETFs) higher in after-hours trading.
Intel is one of the bellwethers for the technology sector, reports Reuters (http://biz.yahoo.com/rb/080415/intel_results.html), and the company makes up 21% of the Semiconductor HOLDRs (SMH (http://finance.yahoo.com/q?s=smh)). Year-to-date, the fund is down 11%. Intel is also 8.3% of iShares S&P North American Tech-Semiconductors (IGW (http://finance.yahoo.com/q?s=IGW)), which is down 15.7% year-to-date.
http://www.etftrends.com/images/2008/04/15/z_6.png (http://etftrends.typepad.com/photos/uncategorized/2008/04/15/z_6.png)
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/271271368/intels-news-boo.html)