Columbia Seligman Semiconductor and Technology ETF (NYSEARCA:SEMI) Shares Down 4.6% – Time to Sell?

Columbia Seligman Semiconductor and Technology ETF (NYSEARCA:SEMI)’s stock price traded down 4.6% on Monday . The company traded as low as $22.18 and last traded at $22.35. 11,679 shares changed hands during trading, an increase of 26% from the average session volume of 9,277 shares. The stock had previously closed at $23.42.

Columbia Seligman Semiconductor and Technology ETF Trading Down 4.6 %

The stock has a market cap of $32.41 million, a price-to-earnings ratio of 37.30 and a beta of 1.43. The stock’s 50 day moving average is $25.91 and its two-hundred day moving average is $25.69.

Institutional Trading of Columbia Seligman Semiconductor and Technology ETF

Several hedge funds have recently made changes to their positions in the company. HighTower Advisors LLC purchased a new position in Columbia Seligman Semiconductor and Technology ETF during the 4th quarter valued at about $295,000. Janney Montgomery Scott LLC grew its holdings in shares of Columbia Seligman Semiconductor and Technology ETF by 15.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 15,366 shares of the company’s stock worth $395,000 after buying an additional 2,031 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of Columbia Seligman Semiconductor and Technology ETF by 86.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 16,592 shares of the company’s stock worth $426,000 after buying an additional 7,678 shares in the last quarter. Next Level Private LLC grew its holdings in shares of Columbia Seligman Semiconductor and Technology ETF by 3.3% during the fourth quarter. Next Level Private LLC now owns 18,272 shares of the company’s stock worth $469,000 after buying an additional 582 shares in the last quarter. Finally, WealthPlan Investment Management LLC grew its holdings in shares of 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 worth $3,503,000 after buying an additional 558 shares in the last quarter.

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.