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

Shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $48.70 and last traded at $48.53, with a volume of 192835 shares trading hands. The stock had previously closed at $47.32.

Columbia EM Core ex-China ETF Stock Performance

The business has a fifty day simple moving average of $43.59 and a 200 day simple moving average of $41.06. The stock has a market cap of $1.86 billion, a price-to-earnings ratio of 14.14 and a beta of 0.87.

Institutional Trading of Columbia EM Core ex-China ETF

Large investors have recently made changes to their positions in the stock. Global Retirement Partners LLC purchased a new stake in Columbia EM Core ex-China ETF during the 4th quarter worth about $33,000. Battery Global Advisors LLC purchased a new position in Columbia EM Core ex-China ETF in the 3rd quarter valued at about $45,000. Allworth Financial LP lifted its holdings in Columbia EM Core ex-China ETF by 76.7% in the 4th quarter. Allworth Financial LP now owns 2,234 shares of the company’s stock valued at $86,000 after purchasing an additional 970 shares in the last quarter. Atlas Capital Advisors Inc. acquired a new stake in shares of Columbia EM Core ex-China ETF during the 4th quarter worth about $98,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Columbia EM Core ex-China ETF during the 3rd quarter worth about $106,000.

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.