Columbia EM Core ex-China ETF $XCEM Stock Sold by Marotta Asset Management
by Mitch Edgeman · The Markets DailyMarotta Asset Management lessened its holdings in Columbia EM Core ex-China ETF (NYSEARCA:XCEM – Free Report) by 4.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 779,507 shares of the company’s stock after selling 39,163 shares during the period. Columbia EM Core ex-China ETF accounts for approximately 6.7% of Marotta Asset Management’s portfolio, making the stock its 2nd largest holding. Marotta Asset Management owned approximately 1.89% of Columbia EM Core ex-China ETF worth $40,074,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of the business. Bank of America Corp DE boosted its stake in shares of Columbia EM Core ex-China ETF by 10.2% during the first quarter. Bank of America Corp DE now owns 3,427,623 shares of the company’s stock valued at $139,881,000 after acquiring an additional 318,012 shares during the last quarter. Sanctuary Advisors LLC lifted its holdings in Columbia EM Core ex-China ETF by 750.5% in the 1st quarter. Sanctuary Advisors LLC now owns 254,590 shares of the company’s stock valued at $10,390,000 after purchasing an additional 224,655 shares in the last quarter. Royal Bank of Canada lifted its holdings in Columbia EM Core ex-China ETF by 494.3% in the 1st quarter. Royal Bank of Canada now owns 230,847 shares of the company’s stock valued at $9,421,000 after purchasing an additional 192,002 shares in the last quarter. Spartan Wealth Advisory Services LLC acquired a new stake in shares of Columbia EM Core ex-China ETF during the 1st quarter worth about $4,340,000. Finally, Planning Alternatives Ltd. ADV boosted its stake in shares of Columbia EM Core ex-China ETF by 18.7% during the 1st quarter. Planning Alternatives Ltd. ADV now owns 385,033 shares of the company’s stock worth $15,713,000 after purchasing an additional 60,636 shares during the last quarter.
Columbia EM Core ex-China ETF Trading Up 2.3%
Shares of NYSEARCA XCEM traded up $1.20 during midday trading on Friday, reaching $52.62. 163,559 shares of the stock were exchanged, compared to its average volume of 210,700. The stock has a 50 day moving average price of $50.47 and a 200-day moving average price of $48.86. The company has a market capitalization of $2.17 billion, a P/E ratio of 14.14 and a beta of 0.91. Columbia EM Core ex-China ETF has a 52-week low of $36.03 and a 52-week high of $55.43.
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.
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