Columbia Select Technology ETF (NYSEARCA:SEMI) Shares Up 0.3% – What’s Next?

Columbia Select Technology ETF (NYSEARCA:SEMI) traded up 0.3% on Wednesday . The stock traded as high as $30.99 and last traded at $30.93. Approximately 12,027 shares changed hands during trading, an increase of 27% from the average session volume of 9,460 shares. The stock had previously closed at $30.85.

Columbia Select Technology ETF Stock Performance

The company has a market cap of $27.84 million, a P/E ratio of -5.86 and a beta of 1.47. The firm has a 50 day moving average price of $31.88 and a 200-day moving average price of $30.08.

Hedge Funds Weigh In On Columbia Select Technology ETF

A number of institutional investors have recently modified their holdings of the company. Janney Montgomery Scott LLC boosted its holdings in shares of Columbia Select Technology ETF by 4.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 16,305 shares of the company’s stock worth $453,000 after buying an additional 688 shares during the period. JPMorgan Chase & Co. acquired a new position in Columbia Select Technology ETF during the 2nd quarter worth $34,000. JFG Wealth Management LLC acquired a new position in Columbia Select Technology ETF during the 3rd quarter worth $213,000. Sweeney & Michel LLC bought a new stake in Columbia Select Technology ETF during the second quarter valued at about $253,000. Finally, WealthPlan Investment Management LLC grew its position in shares of Columbia Select Technology ETF by 42.0% in the second quarter. WealthPlan Investment Management LLC now owns 186,644 shares of the company’s stock valued at $5,183,000 after purchasing an additional 55,181 shares during the last quarter. Institutional investors own 62.97% of the company’s stock.

Columbia Select 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. The fund utilizes the Fidelity non-transparent model. SEMI was launched on Mar 29, 2022 and is managed by Columbia.