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New SEMI ETF

Columbia Threadneedle Investments has filed a prospectus with the SEC for a new ETF that gives exposure to the semiconductor sector. Great Ticker (SEMI) which should help a great deal. The ETF will not disclose the assets it holds each day. It will post a daily “tracking basket” on its website that includes some of its holdings.

ETF Newz Says: The fund will hold between 30 and 50 securities. This is already a pretty crowded ETF space, note the different strategy here as the fund will differentiate by not disclosing daily. The ticker symbol (SEMI) should do very well.