Flaharty Asset Management LLC Trims Stake in Columbia EM Core ex-China ETF $XCEM

Flaharty Asset Management LLC lessened its position in shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 93.3% in the second quarter, according to its most recent filing with the SEC. The firm owned 50,945 shares of the company’s stock after selling 706,323 shares during the quarter. Columbia EM Core ex-China ETF makes up approximately 3.7% of Flaharty Asset Management LLC’s investment portfolio, making the stock its 7th largest holding. Flaharty Asset Management LLC owned approximately 0.13% of Columbia EM Core ex-China ETF worth $2,592,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mercer Global Advisors Inc. ADV bought a new stake in shares of Columbia EM Core ex-China ETF in the 3rd quarter valued at $26,958,000. Bank of America Corp DE lifted its holdings in Columbia EM Core ex-China ETF by 10.2% in the first quarter. Bank of America Corp DE now owns 3,427,623 shares of the company’s stock valued at $139,881,000 after buying an additional 318,012 shares during the period. Citadel Advisors LLC lifted its holdings in Columbia EM Core ex-China ETF by 3,662.7% in the third quarter. Citadel Advisors LLC now owns 250,973 shares of the company’s stock valued at $9,118,000 after buying an additional 244,303 shares during the period. Ameriprise Financial Inc. lifted its holdings in Columbia EM Core ex-China ETF by 468.8% in the second quarter. Ameriprise Financial Inc. now owns 291,840 shares of the company’s stock valued at $9,975,000 after buying an additional 240,536 shares during the period. Finally, Sanctuary Advisors LLC boosted its position 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 acquiring an additional 224,655 shares during the last quarter.

Columbia EM Core ex-China ETF Trading Up 1.3%

Shares of Columbia EM Core ex-China ETF stock opened at $49.56 on Friday. The business has a 50-day moving average price of $50.42 and a two-hundred day moving average price of $46.54. Columbia EM Core ex-China ETF has a 1-year low of $33.90 and a 1-year high of $55.43. The company has a market cap of $2.00 billion, a P/E ratio of 14.14 and a beta of 0.91.

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.