Columbia EM Core ex-China ETF (NYSEARCA:XCEM) Hits New 12-Month High – What’s Next?

Columbia EM Core ex-China ETF (NYSEARCA:XCEM)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $55.43 and last traded at $55.25, with a volume of 14357 shares changing hands. The stock had previously closed at $54.82.

Columbia EM Core ex-China ETF Trading Down 6.3%

The firm’s fifty day moving average price is $49.66 and its 200 day moving average price is $44.10. The firm has a market capitalization of $1.94 billion, a PE ratio of 14.14 and a beta of 0.89.

Institutional Trading of Columbia EM Core ex-China ETF

A number of institutional investors have recently bought and sold shares of XCEM. Mercer Global Advisors Inc. ADV bought a new position in shares of Columbia EM Core ex-China ETF in the 3rd quarter valued at approximately $26,958,000. Bank of America Corp DE lifted its holdings in Columbia EM Core ex-China ETF by 10.2% in the 1st quarter. Bank of America Corp DE now owns 3,427,623 shares of the company’s stock worth $139,881,000 after purchasing an additional 318,012 shares during the last quarter. Citadel Advisors LLC boosted its position in Columbia EM Core ex-China ETF by 3,662.7% during the third quarter. Citadel Advisors LLC now owns 250,973 shares of the company’s stock worth $9,118,000 after purchasing an additional 244,303 shares during the period. Ameriprise Financial Inc. boosted its position in Columbia EM Core ex-China ETF by 468.8% during the second quarter. Ameriprise Financial Inc. now owns 291,840 shares of the company’s stock worth $9,975,000 after purchasing an additional 240,536 shares during the period. Finally, Sanctuary Advisors LLC grew its holdings in Columbia EM Core ex-China ETF by 750.5% during the first quarter. Sanctuary Advisors LLC now owns 254,590 shares of the company’s stock valued at $10,390,000 after purchasing an additional 224,655 shares during the last quarter.

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.