Columbia Seligman Semiconductor and Technology ETF (NYSEARCA:SEMI) Trading 2.3% Higher – Here’s Why

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

Columbia Seligman Semiconductor and Technology ETF Stock Up 2.3 %

The firm has a market capitalization of $39.68 million, a price-to-earnings ratio of 27.89 and a beta of 1.70. The business has a 50-day moving average of $25.79 and a two-hundred day moving average of $25.85.

Institutional Trading of 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 & Exchange Commission. The firm owned 136,021 shares of the company’s stock after purchasing an additional 558 shares during the quarter. WealthPlan Investment Management LLC owned about 9.07% of Columbia Seligman Semiconductor and Technology ETF worth $3,503,000 at the end of the most recent reporting period.

Columbia Seligman Semiconductor and Technology ETF Company Profile

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.