Redmont Wealth Advisors LLC Has $57,000 Position in Columbia EM Core ex-China ETF $XCEM

Redmont Wealth Advisors LLC lowered its position in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 92.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,495 shares of the company’s stock after selling 17,727 shares during the period. Redmont Wealth Advisors LLC’s holdings in Columbia EM Core ex-China ETF were worth $57,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV bought a new stake in Columbia EM Core ex-China ETF during the 3rd quarter valued at approximately $26,958,000. Citadel Advisors LLC grew its position in Columbia EM Core ex-China ETF by 3,662.7% in the 3rd 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 last quarter. Ameriprise Financial Inc. grew its position in Columbia EM Core ex-China ETF by 468.8% in the 2nd 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 last quarter. Bank of America Corp DE grew its position in Columbia EM Core ex-China ETF by 8.2% in the 3rd quarter. Bank of America Corp DE now owns 3,049,335 shares of the company’s stock worth $110,782,000 after purchasing an additional 232,060 shares during the last quarter. Finally, Earned Wealth Advisors LLC acquired a new stake in Columbia EM Core ex-China ETF in the 4th quarter worth $7,887,000.

Columbia EM Core ex-China ETF Price Performance

NYSEARCA XCEM opened at $47.68 on Wednesday. The firm has a market capitalization of $1.79 billion, a price-to-earnings ratio of 14.14 and a beta of 0.87. The company’s fifty day moving average is $44.46 and its two-hundred day moving average is $41.68. Columbia EM Core ex-China ETF has a 52-week low of $31.62 and a 52-week high of $50.65.

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.