Overview
Description
The iShares Semiconductor ETF is a type of exchange-traded fund that tracks the performance of the semiconductor sector within the technology industry. Its primary function is to provide investors with exposure to companies involved in the design, distribution, manufacture, and sale of semiconductors. Semiconductors are integral to modern technology, enabling devices ranging from smartphones to complex data centers to operate efficiently. The ETF comprises leading semiconductor companies, reflecting a diversified portfolio that spans several geographic regions and includes different market sizes of chip producers. By doing so, it captures the dynamic growth and innovation within this critical component of the tech landscape. The iShares Semiconductor ETF plays a significant role in financial markets by offering liquidity and access to professional portfolios in this specialized sector, appealing to investors seeking to align with trends in technological advancement and global digital transformation. Its performance can serve as a benchmark for the semiconductor industry's health and development.
About
Address
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Phone
1-800-474-2737
Website
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Instrument type
ETF
Country
United States
MIC code
XNMS