Columbia EM Core ex-China ETF $XCEM Shares Sold by Marotta Asset Management

Marotta Asset Management reduced its stake in shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 4.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 872,063 shares of the company’s stock after selling 37,102 shares during the period. Columbia EM Core ex-China ETF accounts for approximately 6.6% of Marotta Asset Management’s investment portfolio, making the stock its 2nd biggest position. Marotta Asset Management owned approximately 2.32% of Columbia EM Core ex-China ETF worth $35,920,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of XCEM. Global Retirement Partners LLC acquired a new stake in shares of Columbia EM Core ex-China ETF in the fourth quarter valued at about $33,000. Allworth Financial LP lifted its stake in shares of Columbia EM Core ex-China ETF by 76.7% in the fourth quarter. Allworth Financial LP now owns 2,234 shares of the company’s stock worth $86,000 after acquiring an additional 970 shares during the period. Atlas Capital Advisors Inc. acquired a new position in shares of Columbia EM Core ex-China ETF in the fourth quarter worth approximately $98,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Columbia EM Core ex-China ETF in the third quarter worth approximately $106,000. Finally, Sunbelt Securities Inc. bought a new stake in Columbia EM Core ex-China ETF in the third quarter valued at approximately $116,000.

Columbia EM Core ex-China ETF Stock Performance

NYSEARCA:XCEM opened at $50.63 on Friday. The company has a market capitalization of $2.00 billion, a PE ratio of 14.14 and a beta of 0.89. The company has a 50 day simple moving average of $50.51 and a two-hundred day simple moving average of $44.76. Columbia EM Core ex-China ETF has a fifty-two week low of $33.76 and a fifty-two week high of $55.43.

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.