Columbia EM Core ex-China ETF (NYSEARCA:XCEM) Reaches New 12-Month High – Here’s What Happened

Columbia EM Core ex-China ETF (NYSEARCA:XCEM)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $45.91 and last traded at $45.85, with a volume of 218357 shares traded. The stock had previously closed at $45.23.

Columbia EM Core ex-China ETF Stock Down 0.3%

The business’s 50-day simple moving average is $41.50 and its 200 day simple moving average is $38.48. The firm has a market capitalization of $1.61 billion, a P/E ratio of 14.14 and a beta of 0.84.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Sanctuary Advisors LLC boosted its position in Columbia EM Core ex-China ETF by 1.1% during the 4th quarter. Sanctuary Advisors LLC now owns 29,935 shares of the company’s stock valued at $1,148,000 after buying an additional 314 shares during the period. MML Investors Services LLC raised its stake in shares of Columbia EM Core ex-China ETF by 5.9% during the fourth quarter. MML Investors Services LLC now owns 6,483 shares of the company’s stock valued at $249,000 after acquiring an additional 359 shares during the last quarter. New England Capital Financial Advisors LLC boosted its holdings in shares of Columbia EM Core ex-China ETF by 0.4% during the third quarter. New England Capital Financial Advisors LLC now owns 105,654 shares of the company’s stock worth $3,838,000 after purchasing an additional 464 shares during the period. CWC Advisors LLC. boosted its holdings in shares of Columbia EM Core ex-China ETF by 1.6% during the third quarter. CWC Advisors LLC. now owns 29,374 shares of the company’s stock worth $1,067,000 after purchasing an additional 476 shares during the period. Finally, Redwood Financial Network Corp grew its stake in shares of Columbia EM Core ex-China ETF by 2.2% in the fourth quarter. Redwood Financial Network Corp now owns 26,075 shares of the company’s stock worth $1,000,000 after purchasing an additional 552 shares during the last quarter.

About Columbia EM Core ex-China ETF

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.