Columbia Seligman Semiconductor and Technology ETF (NYSEARCA:SEMI) Trading 0.9% Higher – Here’s Why

Columbia Seligman Semiconductor and Technology ETF (NYSEARCA:SEMI)’s stock price was up 0.9% during trading on Tuesday . The stock traded as high as $22.26 and last traded at $22.26. Approximately 2,285 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 5,736 shares. The stock had previously closed at $22.07.

Columbia Seligman Semiconductor and Technology ETF Stock Up 0.9 %

The business has a 50 day moving average price of $24.72 and a 200 day moving average price of $25.47. The stock has a market cap of $32.28 million, a PE ratio of 33.52 and a beta of 1.43.

Institutional Trading of Columbia Seligman Semiconductor and Technology ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. HighTower Advisors LLC acquired a new position in shares of Columbia Seligman Semiconductor and Technology ETF during the 4th quarter worth approximately $295,000. Janney Montgomery Scott LLC raised its position in Columbia Seligman Semiconductor and Technology ETF by 15.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 15,366 shares of the company’s stock worth $395,000 after acquiring an additional 2,031 shares during the period. Commonwealth Equity Services LLC lifted its holdings in Columbia Seligman Semiconductor and Technology ETF by 86.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 16,592 shares of the company’s stock valued at $426,000 after purchasing an additional 7,678 shares in the last quarter. Finally, Next Level Private LLC lifted its holdings in Columbia Seligman Semiconductor and Technology ETF by 3.3% during the fourth quarter. Next Level Private LLC now owns 18,272 shares of the company’s stock valued at $469,000 after purchasing an additional 582 shares in the last quarter.

About Columbia Seligman Semiconductor and Technology ETF

The Columbia Seligman Semiconductor & Technology ETF (SEMI) is an exchange-traded fund that mostly invests in information technology equity. The fund is an actively-managed, non-transparent fund that seeks capital appreciation by investing in domestic or foreign semiconductor and technology-related companies.