On Thursday, iShares PHLX SOX Semiconductor Sector Index Fund (SOXX) recorded net buying of $212.3 million, with no positions decreased and 29 positions increased. Gross trades totaled $212.3 million, and assets under management were $43.67 billion. Its largest buys were AMD ($22.0 million, lifting its weight to 9.51%), Micron ($17.8 million), NVIDIA ($17.7 million), Broadcom ($17.0 million) and Texas Instruments ($11.0 million). All were existing holdings that were added to, with no new positions and no exits. The fund holds 30 stocks, with 62.0% of assets in its 10 largest holdings and all classified stocks in technology, an expense ratio of 0.33%, a P/E of 44.13 and a year-to-date return of 56.84%. The article says the next thing to watch is whether the fund keeps adding across the board or starts rebalancing its heaviest weights, AMD and Intel, at the next holdings update.
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