Truist Financial Corp Buys New Stake in Columbia EM Core ex-China ETF $XCEM

Truist Financial Corp bought a new stake in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 30,212 shares of the company’s stock, valued at approximately $1,098,000.

A number of other large investors have also made changes to their positions in XCEM. Ameritas Advisory Services LLC purchased a new stake in shares of Columbia EM Core ex-China ETF during the 2nd quarter valued at $45,000. Twin Peaks Wealth Advisors LLC purchased a new position in Columbia EM Core ex-China ETF during the 2nd quarter worth $57,000. EverSource Wealth Advisors LLC acquired a new position in Columbia EM Core ex-China ETF during the 2nd quarter valued at about $129,000. Navigoe LLC acquired a new position in Columbia EM Core ex-China ETF during the 3rd quarter valued at about $170,000. Finally, Smithfield Trust Co raised its stake in Columbia EM Core ex-China ETF by 16.1% in the second quarter. Smithfield Trust Co now owns 6,475 shares of the company’s stock valued at $220,000 after buying an additional 900 shares during the last quarter.

Columbia EM Core ex-China ETF Stock Performance

Shares of NYSEARCA XCEM opened at $43.15 on Tuesday. Columbia EM Core ex-China ETF has a fifty-two week low of $26.44 and a fifty-two week high of $43.28. The company has a market cap of $1.53 billion, a PE ratio of 14.14 and a beta of 0.84. The business has a 50-day simple moving average of $39.68 and a two-hundred day simple moving average of $37.54.

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.