Columbia Select Technology ETF (NYSEARCA:SEMI – Get Free Report) saw a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 10,270 shares, a drop of 58.1% from the July 30th total of 24,485 shares. Based on an average daily volume of 7,544 shares, the short-interest ratio is presently 1.4 days. Approximately 1.0% of the shares of the stock are sold short.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of SEMI. JPMorgan Chase & Co. bought a new position in shares of Columbia Select Technology ETF in the second quarter worth about $34,000. Ascentis Independent Advisors bought a new stake in shares of Columbia Select Technology ETF during the 1st quarter valued at approximately $36,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Columbia Select Technology ETF during the 2nd quarter worth approximately $41,000. Harbour Investments Inc. increased its position in Columbia Select Technology ETF by 11.0% during the 4th quarter. Harbour Investments Inc. now owns 3,328 shares of the company’s stock worth $102,000 after purchasing an additional 330 shares in the last quarter. Finally, Johnson Financial Group LLC bought a new position in Columbia Select Technology ETF in the 4th quarter valued at approximately $208,000. Institutional investors and hedge funds own 62.97% of the company’s stock.
Columbia Select Technology ETF Stock Performance
Shares of Columbia Select Technology ETF stock traded down $0.56 during trading on Friday, reaching $38.12. 8,920 shares of the company’s stock were exchanged, compared to its average volume of 12,915. Columbia Select Technology ETF has a 1-year low of $26.99 and a 1-year high of $41.03. The company has a market cap of $38.12 million, a P/E ratio of -7.22 and a beta of 1.53. The firm’s 50-day moving average price is $38.15 and its 200 day moving average price is $35.26.
Columbia Select 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. The fund utilizes the Fidelity non-transparent model. SEMI was launched on Mar 29, 2022 and is managed by Columbia.
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