Penserra Capital Management LLC Buys 442,078 Shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM)

Penserra Capital Management LLC boosted its stake in shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 104.2% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 866,460 shares of the company’s stock after purchasing an additional 442,078 shares during the quarter. Penserra Capital Management LLC owned about 2.36% of Columbia EM Core ex-China ETF worth $25,590,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its position in shares of Columbia EM Core ex-China ETF by 5.3% in the fourth quarter. Bank of America Corp DE now owns 3,958,602 shares of the company’s stock valued at $117,175,000 after acquiring an additional 200,261 shares during the period. LPL Financial LLC boosted its position in shares of Columbia EM Core ex-China ETF by 4.8% in the fourth quarter. LPL Financial LLC now owns 1,486,080 shares of the company’s stock valued at $43,988,000 after acquiring an additional 67,896 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Columbia EM Core ex-China ETF in the fourth quarter valued at approximately $23,334,000. Hennion & Walsh Asset Management Inc. boosted its position in shares of Columbia EM Core ex-China ETF by 12.8% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 641,795 shares of the company’s stock valued at $18,955,000 after acquiring an additional 72,696 shares during the period. Finally, Commonwealth Equity Services LLC boosted its position in shares of Columbia EM Core ex-China ETF by 3.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 624,260 shares of the company’s stock valued at $18,478,000 after acquiring an additional 18,460 shares during the period.

Columbia EM Core ex-China ETF Trading Up 0.9%

XCEM opened at $34.74 on Friday. Columbia EM Core ex-China ETF has a 1-year low of $26.44 and a 1-year high of $34.79. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 14.14 and a beta of 0.91. The business has a 50 day moving average of $32.40 and a 200-day moving average of $30.65.

Columbia EM Core ex-China ETF 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.