Columbia Seligman Semiconductor and Technology ETF (NYSEARCA:SEMI) Stock Price Up 1% – Still a Buy?

Columbia Seligman Semiconductor and Technology ETF (NYSEARCA:SEMI) shares shot up 1% on Tuesday . The company traded as high as $26.64 and last traded at $26.57. 1,461 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 5,010 shares. The stock had previously closed at $26.30.

Columbia Seligman Semiconductor and Technology ETF Stock Up 1.0 %

The business’s 50-day simple moving average is $25.67 and its two-hundred day simple moving average is $25.99. The firm has a market cap of $39.86 million, a price-to-earnings ratio of 27.89 and a beta of 1.70.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Columbia Seligman Semiconductor and Technology ETF stock. Next Level Private LLC increased its holdings in shares of Columbia Seligman Semiconductor and Technology ETF (NYSEARCA:SEMI) by 4.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,490 shares of the company’s stock after purchasing an additional 770 shares during the quarter. Next Level Private LLC owned 1.23% of Columbia Seligman Semiconductor and Technology ETF worth $505,000 at the end of the most recent reporting period.

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.