Columbia Seligman Semiconductor & Technology ETF Price & Performance (SEMI)

Shares of the Columbia Seligman Semiconductor and Technology ETF (SEMI) fell by 4.6%, with trading volumes up 26% from the average. The stock hit a low of $22.18, continuing its downward trend. Institutional investors, however, have been adjusting their holdings, reflecting mixed sentiment in the semiconductor sector.12

Recent technical analysis of SEMI indicates short-term weakness, with resistance levels at $23.57. A potential upside target of $25.7 exists if resistance breaks. However, no clear support signals are present, leading to cautious investor sentiment. The ETF’s price oscillations highlight its volatility in the current market.34

Despite strong momentum in the semiconductor industry, SEMI's performance has been inconsistent. With a 50-day moving average of $25.91, its recent dip to $22.35 highlights challenges. Broader market trends, however, suggest continued growth in semiconductor demand driven by advancements in AI and technology.25