Columbia Seligman Semiconductor and Technology ETF (NYSEARCA:SEMI) Shares Up 1.3% – Time to Buy?

Columbia Seligman Semiconductor and Technology ETF (NYSEARCA:SEMI)’s share price shot up 1.3% on Tuesday . The company traded as high as $25.59 and last traded at $25.56. 3,717 shares traded hands during mid-day trading, a decline of 27% from the average session volume of 5,083 shares. The stock had previously closed at $25.23.

Columbia Seligman Semiconductor and Technology ETF Stock Up 1.3 %

The company has a market capitalization of $38.34 million, a PE ratio of 27.89 and a beta of 1.70. The business has a 50 day simple moving average of $25.48 and a 200 day simple moving average of $26.01.

Institutional Investors Weigh In On Columbia Seligman Semiconductor and Technology ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Opal Wealth Advisors LLC purchased a new position in Columbia Seligman Semiconductor and Technology ETF during the second quarter valued at approximately $31,000. Envestnet Portfolio Solutions Inc. acquired a new position in shares of Columbia Seligman Semiconductor and Technology ETF in the 2nd quarter valued at $218,000. Next Level Private LLC boosted its holdings in Columbia Seligman Semiconductor and Technology ETF by 4.3% during the second quarter. Next Level Private LLC now owns 18,490 shares of the company’s stock worth $505,000 after buying an additional 770 shares in the last quarter. Finally, WealthPlan Investment Management LLC grew its position in Columbia Seligman Semiconductor and Technology ETF by 0.4% during the third quarter. WealthPlan Investment Management LLC now owns 136,021 shares of the company’s stock valued at $3,503,000 after buying an additional 558 shares during the period.

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.