iShares PHLX SOX Price, Forecast, Insider, Ratings, Fundamentals & Signals

New york--(business wire)--blackrock, inc. (nyse: blk) today announced product enhancements to two ishares etfs as part of an ongoing process to periodically review its product lineup. no action is necessary for investors in the impacted etfs and no capital gains distributions are currently expected as a result of the transition. ishares nasdaq biotechnology etf (ibb) effective on or around june 21, 2021, the ishares nasdaq biotechnology etf (nasdaq: ibb) will seek to track the ice biotechnology index. the fund will also undergo changes to its name and investment objective. current new fund name ishares nasdaq biotechnology etf ishares biotechnology etf underlying index nasdaq biotechnology index ice biotechnology index investment objective seeks to track the investment results of an index composed of biotechnology and pharmaceutical equities listed on the nasdaq...

New york ssdl--(business wire)--ubs investment bank today announced that the etracs ise solid state drive index etn (ticker: ssdd, nyse), linked to the ise solid state drive™ index, is the top performing technology exchange-traded product (“etp”)* year-to-date, significantly outperforming all other us-listed, non-leveraged and non-inverse exchange-traded notes (“etns”) and exchange-traded funds (“etfs”) such as the vanguard information technology etf (ticker: vgt, nyse), technology select sector spdr fund (ticker: xlk, nyse), ishares dow jones u.s. technology sector index fund (ticker: iyw, nyse) and ishares s&p global technology sector index fund (ticker: ixn, nyse). ssdd, like its leveraged counterpart, the etracs monthly 2xleveraged ise solid state drive index etn (ticker: ssdl), provides investors with exposure to a portfolio of companies actively involved in the solid state drive segment of the electronic storage industry...

In a noteworthy market shift, the semiconductor sector, led by Nvidia NVDA, has been struggling in recent months, with the broader Philadelphia Stock Exchange Semiconductor Index entering a correction phase, declining more than 10% from its record high in March. The index is down nearly 8.5% in a week.

While facing short-term challenges, Chip maker ASML remains optimistic about the industry's recovery and potential growth opportunities in the coming quarters.

Rapid adoption of artificial intelligence is increasing demand for semiconductors (often called computer chips or just chips). Choosing individual stocks in any fast-evolving technology area can be challenging.

You don't have to pick individual stocks to get closer to your financial goals. ETFs can do the job just fine as they offer portfolio diversification.

Don't assume you've missed the boat on the market's recovery -- some recoveries last years. Distributing your money across ETFs with different strategies can help you broaden your exposure.

The tech sector includes many of the software companies that are harnessing AI, as well as chip designers and manufacturers. The Invesco QQQ fund targets growth, no matter the industry.

Both charge a 0.35% expense ratio, which closely approximates industry averages. The two funds own most of the same stocks, though the VanEck ETF leans more heavily toward the manufacturing side.

The stock market can be overwhelmingly intimidating for many. It has been the artificial intelligence (AI) show in the past year or so, where many of the tech giants gained immensely in value.

You don't have to pick the best stocks to generate solid returns. Some investors pour their capital into ETFs that offer diversified portfolios.

Launched on 07/10/2001, the iShares Semiconductor ETF (SOXX) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Semiconductors segment of the equity market.