Columbia Select Technology ETF (NYSEARCA:SEMI) Trading 1.4% Higher – What’s Next?

Columbia Select Technology ETF (NYSEARCA:SEMI)’s stock price rose 1.4% during trading on Wednesday . The company traded as high as $29.29 and last traded at $29.18. Approximately 5,162 shares traded hands during mid-day trading, a decline of 51% from the average daily volume of 10,504 shares. The stock had previously closed at $28.77.

Columbia Select Technology ETF Price Performance

The firm has a market capitalization of $26.26 million, a price-to-earnings ratio of -5.53 and a beta of -1.68. The business’s fifty day simple moving average is $27.44 and its 200 day simple moving average is $25.11.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SEMI. Opal Wealth Advisors LLC bought a new stake in Columbia Select Technology ETF in the first quarter worth about $25,000. ORG Partners LLC bought a new stake in Columbia Select Technology ETF in the first quarter worth about $27,000. Sweeney & Michel LLC bought a new stake in Columbia Select Technology ETF in the second quarter worth about $253,000. Janney Montgomery Scott LLC raised its position in Columbia Select Technology ETF by 4.4% in the second quarter. Janney Montgomery Scott LLC now owns 16,305 shares of the company’s stock worth $453,000 after acquiring an additional 688 shares during the period. Finally, WealthPlan Investment Management LLC raised its position in Columbia Select Technology ETF by 42.0% in the second quarter. WealthPlan Investment Management LLC now owns 186,644 shares of the company’s stock worth $5,183,000 after acquiring an additional 55,181 shares during the period. 62.97% of the stock is owned by institutional investors.

About Columbia Select 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.