Semiconductor ETFs Higher on Freescale IPO
May 26th 2011 at 2:03pm by Tom Lydon
Semiconductor exchange traded funds rose Thursday, following Freescale Semiconductor (NYSE: FSL) shares higher in their public debut.
Freescale gained more than 5% Thursday in the initial public offering. The shares were initially priced at $18 each, below the expected range.
Semiconductor HOLDS (Amex: SMH) and iShares PHLX SOX Semiconductor Sector Index Fund (NasdaqGM: SOXX) were both fractionally higher Thursday.
iShares PHLX SOX Semiconductor
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