Columbia Seligman Semiconductor and Technology ETF (NYSEARCA:SEMI) Stock Price Down 1.3% – What’s Next?

Columbia Seligman Semiconductor and Technology ETF (NYSEARCA:SEMI)’s share price fell 1.3% during trading on Wednesday . The stock traded as low as $24.69 and last traded at $24.91. 3,445 shares changed hands during mid-day trading, a decline of 45% from the average session volume of 6,289 shares. The stock had previously closed at $25.23.

Columbia Seligman Semiconductor and Technology ETF Stock Down 1.3%

The business has a 50 day moving average price of $22.54 and a two-hundred day moving average price of $24.58. The stock has a market cap of $36.87 million, a P/E ratio of 33.56 and a beta of 1.43.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in SEMI. Next Level Private LLC boosted its stake in Columbia Seligman Semiconductor and Technology ETF by 3.3% in the 4th quarter. Next Level Private LLC now owns 18,272 shares of the company’s stock worth $469,000 after purchasing an additional 582 shares during the period. Opal Wealth Advisors LLC purchased a new position in shares of Columbia Seligman Semiconductor and Technology ETF in the first quarter worth $25,000. ORG Partners LLC bought a new position in shares of Columbia Seligman Semiconductor and Technology ETF during the first quarter worth $27,000. Janney Montgomery Scott LLC grew its stake in 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 valued at $395,000 after acquiring an additional 2,031 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in Columbia Seligman Semiconductor and Technology ETF by 86.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 16,592 shares of the company’s stock valued at $426,000 after acquiring an additional 7,678 shares during 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.