Columbia Seligman Semiconductor and Technology ETF (NYSEARCA:SEMI) Stock Price Up 1% – Time to Buy?

Columbia Seligman Semiconductor and Technology ETF (NYSEARCA:SEMI) shares shot up 1% on Tuesday . The company traded as high as $26.64 and last traded at $26.57. 1,461 shares changed hands during trading, a decline of 71% from the average session volume of 5,010 shares. The stock had previously closed at $26.30.

Columbia Seligman Semiconductor and Technology ETF Stock Up 1.0 %

The firm has a market capitalization of $39.86 million, a price-to-earnings ratio of 27.89 and a beta of 1.70. The company’s fifty day moving average is $25.65 and its two-hundred day moving average is $25.99.

Institutional Investors Weigh In On Columbia Seligman Semiconductor and Technology ETF

An institutional investor recently raised its position in Columbia Seligman Semiconductor and Technology ETF stock. WealthPlan Investment Management LLC raised its position in Columbia Seligman Semiconductor and Technology ETF (NYSEARCA:SEMI) by 0.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. 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 approximately 9.07% of Columbia Seligman Semiconductor and Technology ETF worth $3,503,000 as of its most recent filing with the SEC.

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.