Columbia EM Core ex-China ETF (NYSEARCA:XCEM) Hits New 12-Month High – What’s Next?

Columbia EM Core ex-China ETF (NYSEARCA:XCEM) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $43.04 and last traded at $43.0750, with a volume of 11688 shares changing hands. The stock had previously closed at $42.88.

Columbia EM Core ex-China ETF Stock Performance

The business’s fifty day moving average is $39.57 and its two-hundred day moving average is $37.48. The company has a market cap of $1.53 billion, a P/E ratio of 14.14 and a beta of 0.84.

Institutional Trading of Columbia EM Core ex-China ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Global Retirement Partners LLC purchased a new stake in shares of Columbia EM Core ex-China ETF in the fourth quarter valued at about $33,000. Ameritas Advisory Services LLC purchased a new stake in shares of Columbia EM Core ex-China ETF during the second quarter worth approximately $45,000. Battery Global Advisors LLC purchased a new stake in Columbia EM Core ex-China ETF during the 3rd quarter worth about $45,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Columbia EM Core ex-China ETF in the second quarter valued at $57,000. Finally, Allworth Financial LP grew its position in shares of Columbia EM Core ex-China ETF by 76.7% during the fourth quarter. Allworth Financial LP now owns 2,234 shares of the company’s stock worth $86,000 after acquiring an additional 970 shares during the last quarter.

Columbia EM Core ex-China ETF Company 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.