Cornerstone Wealth Management LLC Buys Shares of 12,947 Columbia EM Core ex-China ETF $XCEM

Cornerstone Wealth Management LLC bought a new stake in shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 12,947 shares of the company’s stock, valued at approximately $470,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ameritas Advisory Services LLC bought a new position in Columbia EM Core ex-China ETF in the 2nd quarter valued at $45,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Columbia EM Core ex-China ETF during the second quarter valued at $57,000. EverSource Wealth Advisors LLC bought a new position in shares of Columbia EM Core ex-China ETF in the second quarter worth about $129,000. Navigoe LLC bought a new position in shares of Columbia EM Core ex-China ETF in the third quarter worth about $170,000. Finally, Smithfield Trust Co increased its stake in Columbia EM Core ex-China ETF by 16.1% in the 2nd quarter. Smithfield Trust Co now owns 6,475 shares of the company’s stock worth $220,000 after buying an additional 900 shares during the period.

Columbia EM Core ex-China ETF Price Performance

Shares of XCEM opened at $42.13 on Tuesday. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 14.14 and a beta of 0.84. Columbia EM Core ex-China ETF has a 1-year low of $26.44 and a 1-year high of $42.90. The company has a 50-day moving average of $39.22 and a 200 day moving average of $37.26.

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.