Columbia Seligman Semiconductor and Technology ETF (NYSEARCA:SEMI) Shares Up 0.9%

Columbia Seligman Semiconductor and Technology ETF (NYSEARCA:SEMI) shares shot up 0.9% during mid-day trading on Monday . The company traded as high as $22.96 and last traded at $22.78. 3,057 shares changed hands during mid-day trading, a decline of 41% from the average session volume of 5,146 shares. The stock had previously closed at $22.57.

Columbia Seligman Semiconductor and Technology ETF Stock Up 0.9 %

The firm has a market capitalization of $34.17 million, a price-to-earnings ratio of 25.16 and a beta of 1.61. The company has a fifty day moving average price of $24.17 and a two-hundred day moving average price of $21.96.

Institutional Investors Weigh In On Columbia Seligman Semiconductor and Technology ETF

Several hedge funds have recently modified their holdings of the stock. Operose Advisors LLC acquired a new stake in shares of Columbia Seligman Semiconductor and Technology ETF during the third quarter worth $52,000. Fermata Advisors LLC purchased a new position in Columbia Seligman Semiconductor and Technology ETF in the fourth quarter worth $1,247,000. Finally, WealthPlan Investment Management LLC purchased a new position in Columbia Seligman Semiconductor and Technology ETF in the third quarter worth $3,255,000.

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.