Columbia Seligman Semiconductor and Technology ETF (NYSEARCA:SEMI) Shares Up 2.3% – Should You Buy?

Columbia Seligman Semiconductor and Technology ETF (NYSEARCA:SEMI) was up 2.3% during trading on Wednesday . The stock traded as high as $26.56 and last traded at $26.45. Approximately 7,157 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 17,984 shares. The stock had previously closed at $25.85.

Columbia Seligman Semiconductor and Technology ETF Price Performance

The firm has a market cap of $39.68 million, a P/E ratio of 27.89 and a beta of 1.70. The business’s 50-day moving average is $25.79 and its two-hundred day moving average is $25.85.

Institutional Investors Weigh In On Columbia Seligman Semiconductor and Technology ETF

A hedge fund recently raised its stake in Columbia Seligman Semiconductor and Technology ETF stock. WealthPlan Investment Management LLC grew its stake in Columbia Seligman Semiconductor and Technology ETF (NYSEARCA:SEMI) by 0.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 136,021 shares of the company’s stock after purchasing an additional 558 shares during the period. WealthPlan Investment Management LLC owned about 9.07% of Columbia Seligman Semiconductor and Technology ETF worth $3,503,000 as of its most recent filing with the Securities and Exchange Commission.

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.