The SOXX ETF Recently Hit 10,000, but There's a Semiconductor Split Lurking Under the Hood

The Philadelphia Semiconductor Index ($SOX) is captured via the popular Semiconductor Ishares ETF (SOXX) — and it just hit a major milestone.

The Philly Semi Index recently crossed the 10,000 mark for the first time. That’s a milestone for sure. But at the same time, the underlying stocks in SOXX have an internal rift. Some semiconductor stocks have gone parabolic, while others are much flatter.