Columbia EM Core ex-China ETF (NYSEARCA:XCEM) Hits New 12-Month High – Time to Buy?

Columbia EM Core ex-China ETF (NYSEARCA:XCEM) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $45.91 and last traded at $45.85, with a volume of 218357 shares traded. The stock had previously closed at $45.23.

Columbia EM Core ex-China ETF Price Performance

The business has a 50-day moving average of $41.15 and a two-hundred day moving average of $38.35. The company has a market cap of $1.62 billion, a P/E ratio of 14.14 and a beta of 0.84.

Institutional Trading of Columbia EM Core ex-China ETF

A number of institutional investors have recently modified their holdings of XCEM. NewEdge Advisors LLC raised its stake in shares of Columbia EM Core ex-China ETF by 2.6% during the 4th quarter. NewEdge Advisors LLC now owns 46,160 shares of the company’s stock worth $1,771,000 after acquiring an additional 1,166 shares in the last quarter. Equitable Holdings Inc. grew its holdings in Columbia EM Core ex-China ETF by 92.5% in the fourth quarter. Equitable Holdings Inc. now owns 14,613 shares of the company’s stock worth $561,000 after purchasing an additional 7,022 shares during the last quarter. Osaic Holdings Inc. grew its holdings in Columbia EM Core ex-China ETF by 2.4% in the fourth quarter. Osaic Holdings Inc. now owns 185,172 shares of the company’s stock worth $7,104,000 after purchasing an additional 4,294 shares during the last quarter. &PARTNERS increased its position in shares of Columbia EM Core ex-China ETF by 889.2% during the fourth quarter. &PARTNERS now owns 68,010 shares of the company’s stock worth $2,609,000 after purchasing an additional 61,135 shares in the last quarter. Finally, Royal Bank of Canada increased its position in shares of Columbia EM Core ex-China ETF by 2,951.5% during the fourth quarter. Royal Bank of Canada now owns 38,845 shares of the company’s stock worth $1,490,000 after purchasing an additional 37,572 shares in 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.