Columbia EM Core ex-China ETF (NYSEARCA:XCEM) Hits New 1-Year High – Here’s What Happened

Shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) reached a new 52-week high during trading on Friday . The company traded as high as $37.09 and last traded at $37.02, with a volume of 15735 shares. The stock had previously closed at $36.70.

Columbia EM Core ex-China ETF Stock Up 0.8%

The stock has a market cap of $1.27 billion, a PE ratio of 14.14 and a beta of 0.91. The business’s fifty day moving average is $35.19 and its 200 day moving average is $32.91.

Institutional Trading of Columbia EM Core ex-China ETF

Institutional investors have recently added to or reduced their stakes in the stock. Ameritas Advisory Services LLC purchased a new stake in Columbia EM Core ex-China ETF during the second quarter worth about $45,000. Golden State Wealth Management LLC raised its position in Columbia EM Core ex-China ETF by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 1,632 shares of the company’s stock worth $48,000 after acquiring an additional 816 shares during the last quarter. Pinnacle Bancorp Inc. acquired a new position in Columbia EM Core ex-China ETF during the first quarter worth about $54,000. Twin Peaks Wealth Advisors LLC acquired a new position in Columbia EM Core ex-China ETF during the second quarter worth about $57,000. Finally, Greykasell Wealth Strategies Inc. acquired a new position in Columbia EM Core ex-China ETF during the first quarter worth about $66,000.

Columbia EM Core ex-China ETF Company Profile

The Columbia EM Core ex-China ETF (XCEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index that provides broad equity exposure to emerging markets excluding China. XCEM was launched on Sep 2, 2015 and is managed by Columbia.