Columbia Seligman Semiconductor and Technology ETF (NYSEARCA:SEMI) Trading 0.9% Higher – Still a Buy?

Columbia Seligman Semiconductor and Technology ETF (NYSEARCA:SEMI)’s share price shot up 0.9% during trading on Tuesday . The company traded as high as $22.26 and last traded at $22.26. 2,285 shares changed hands during trading, a decline of 60% from the average session volume of 5,736 shares. The stock had previously closed at $22.07.

Columbia Seligman Semiconductor and Technology ETF Stock Up 0.9 %

The firm has a 50-day moving average price of $24.72 and a two-hundred day moving average price of $25.47. The firm has a market cap of $32.28 million, a PE ratio of 33.52 and a beta of 1.43.

Institutional Investors Weigh In On Columbia Seligman Semiconductor and Technology ETF

A number of hedge funds have recently modified their holdings of the business. Commonwealth Equity Services LLC grew its position in shares of Columbia Seligman Semiconductor and Technology ETF by 86.1% in 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. HighTower Advisors LLC acquired a new position in Columbia Seligman Semiconductor and Technology ETF during the fourth quarter worth $295,000. Next Level Private LLC boosted its stake 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 worth $469,000 after buying an additional 582 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in Columbia Seligman Semiconductor and Technology ETF by 15.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 15,366 shares of the company’s stock valued at $395,000 after buying an additional 2,031 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.