McKinley Carter Wealth Services Inc. Lowers Stock Holdings in Columbia EM Core ex-China ETF $XCEM

McKinley Carter Wealth Services Inc. lowered its stake in shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 5.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 217,633 shares of the company’s stock after selling 12,810 shares during the quarter. McKinley Carter Wealth Services Inc.’s holdings in Columbia EM Core ex-China ETF were worth $8,348,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Truist Financial Corp purchased a new position in shares of Columbia EM Core ex-China ETF during the third quarter worth about $1,098,000. Redmont Wealth Advisors LLC purchased a new position in shares of Columbia EM Core ex-China ETF during the third quarter worth about $698,000. Penserra Capital Management LLC grew its holdings in shares of Columbia EM Core ex-China ETF by 7.7% during the third quarter. Penserra Capital Management LLC now owns 1,421,095 shares of the company’s stock worth $51,628,000 after buying an additional 101,598 shares during the last quarter. Savvy Advisors Inc. grew its holdings in shares of Columbia EM Core ex-China ETF by 33.2% during the fourth quarter. Savvy Advisors Inc. now owns 391,355 shares of the company’s stock worth $15,012,000 after buying an additional 97,456 shares during the last quarter. Finally, CIBC Private Wealth Group LLC grew its holdings in shares of Columbia EM Core ex-China ETF by 79.9% during the third quarter. CIBC Private Wealth Group LLC now owns 34,678 shares of the company’s stock worth $1,260,000 after buying an additional 15,401 shares during the last quarter.

Columbia EM Core ex-China ETF Stock Down 0.0%

NYSEARCA XCEM opened at $48.40 on Tuesday. Columbia EM Core ex-China ETF has a 52-week low of $31.62 and a 52-week high of $50.65. The business’s 50-day moving average price is $44.33 and its 200 day moving average price is $41.61. The firm has a market cap of $1.82 billion, a P/E ratio of 14.14 and a beta of 0.87.

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.