Columbia Select Technology ETF (NYSEARCA:SEMI – Get Free Report) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 5,151 shares, a decrease of 76.4% from the September 30th total of 21,812 shares. Based on an average daily volume of 7,892 shares, the short-interest ratio is presently 0.7 days. Currently, 0.4% of the shares of the stock are short sold.
Columbia Select Technology ETF Price Performance
NYSEARCA SEMI traded down $1.52 during trading hours on Friday, reaching $36.09. The company’s stock had a trading volume of 2,928 shares, compared to its average volume of 11,826. The firm has a fifty day simple moving average of $38.63 and a 200-day simple moving average of $35.63. The stock has a market cap of $43.30 million, a P/E ratio of -6.84 and a beta of 1.52. Columbia Select Technology ETF has a 52 week low of $27.41 and a 52 week high of $41.50.
Hedge Funds Weigh In On Columbia Select Technology ETF
A number of hedge funds have recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Columbia Select Technology ETF in the 2nd quarter valued at about $41,000. Ascentis Independent Advisors acquired a new stake in Columbia Select Technology ETF during the first quarter worth approximately $36,000. Kestra Advisory Services LLC increased its holdings in Columbia Select Technology ETF by 10.1% in the first quarter. Kestra Advisory Services LLC now owns 13,662 shares of the company’s stock worth $394,000 after purchasing an additional 1,253 shares in the last quarter. NewEdge Advisors LLC bought a new stake in Columbia Select Technology ETF in the second quarter worth approximately $239,000. Finally, Cetera Investment Advisers lifted its stake in Columbia Select Technology ETF by 336.5% in the first quarter. Cetera Investment Advisers now owns 63,474 shares of the company’s stock valued at $1,833,000 after buying an additional 48,933 shares during the period. Institutional investors own 62.97% of the company’s stock.
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. The fund utilizes the Fidelity non-transparent model. SEMI was launched on Mar 29, 2022 and is managed by Columbia.
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