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

Columbia Seligman Semiconductor and Technology ETF (NYSEARCA:SEMI) shot up 2.3% during trading on Wednesday . The company traded as high as $26.56 and last traded at $26.45. 7,157 shares changed hands during mid-day 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 Trading Up 2.6 %

The firm has a 50-day simple moving average of $25.79 and a two-hundred day simple moving average of $25.85. The company has a market capitalization of $40.85 million, a price-to-earnings ratio of 27.89 and a beta of 1.70.

Institutional Trading of 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 increased its stake in shares of 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 SEC. The fund owned 136,021 shares of the company’s stock after acquiring an additional 558 shares during the period. WealthPlan Investment Management LLC owned 9.07% of Columbia Seligman Semiconductor and Technology ETF worth $3,503,000 as of its most recent filing with the SEC.

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.