WealthPLAN Partners LLC decreased its stake in Columbia Select Technology ETF (NYSEARCA:SEMI – Free Report) by 27.0% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 64,426 shares of the company’s stock after selling 23,779 shares during the quarter. WealthPLAN Partners LLC owned approximately 5.37% of Columbia Select Technology ETF worth $1,860,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. purchased a new position in shares of Columbia Select Technology ETF during the 2nd quarter valued at $34,000. Ascentis Independent Advisors purchased a new position in Columbia Select Technology ETF in the first quarter valued at about $36,000. Harbour Investments Inc. increased its position in Columbia Select Technology ETF by 11.0% in 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 during the last quarter. Johnson Financial Group LLC purchased a new stake in shares of Columbia Select Technology ETF during the 4th quarter worth about $208,000. Finally, Commonwealth Equity Services LLC raised its stake in shares of Columbia Select Technology ETF by 13.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 8,447 shares of the company’s stock worth $259,000 after purchasing an additional 979 shares in the last quarter. Hedge funds and other institutional investors own 62.97% of the company’s stock.
Columbia Select Technology ETF Stock Performance
Shares of NYSEARCA SEMI opened at $37.51 on Wednesday. The business has a 50 day simple moving average of $38.08 and a 200 day simple moving average of $33.46. Columbia Select Technology ETF has a 52 week low of $26.99 and a 52 week high of $41.03. The stock has a market cap of $37.51 million, a price-to-earnings ratio of -7.10 and a beta of 1.52.
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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