Cerity Partners LLC Cuts Stake in Columbia EM Core ex-China ETF $XCEM

Cerity Partners LLC lowered its stake in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 4.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 449,478 shares of the company’s stock after selling 22,794 shares during the quarter. Cerity Partners LLC owned about 1.31% of Columbia EM Core ex-China ETF worth $15,363,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Nelson Capital Management LLC purchased a new position in Columbia EM Core ex-China ETF in the second quarter valued at about $4,959,000. WESCAP Management Group Inc. acquired a new position in Columbia EM Core ex-China ETF in the second quarter worth about $272,000. Penserra Capital Management LLC increased its holdings in Columbia EM Core ex-China ETF by 52.3% in the second quarter. Penserra Capital Management LLC now owns 1,319,497 shares of the company’s stock valued at $45,100,000 after buying an additional 453,037 shares during the last quarter. McKinley Carter Wealth Services Inc. increased its holdings in Columbia EM Core ex-China ETF by 112.6% in the second quarter. McKinley Carter Wealth Services Inc. now owns 233,358 shares of the company’s stock valued at $7,976,000 after buying an additional 123,574 shares during the last quarter. Finally, CENTRAL TRUST Co raised its stake in Columbia EM Core ex-China ETF by 1.3% during the second quarter. CENTRAL TRUST Co now owns 306,581 shares of the company’s stock valued at $10,479,000 after buying an additional 3,961 shares in the last quarter.

Columbia EM Core ex-China ETF Stock Up 0.6%

NYSEARCA:XCEM opened at $38.39 on Wednesday. The company has a market cap of $1.29 billion, a PE ratio of 14.14 and a beta of 0.84. The business’s 50 day moving average is $37.82 and its two-hundred day moving average is $35.56. Columbia EM Core ex-China ETF has a 52 week low of $26.44 and a 52 week high of $39.14.

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.