Columbia EM Core ex-China ETF (NYSEARCA:XCEM) Reaches New 52-Week High – Here’s What Happened

Shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) hit a new 52-week high on Tuesday . The stock traded as high as $51.26 and last traded at $51.26, with a volume of 4015 shares changing hands. The stock had previously closed at $49.40.

Columbia EM Core ex-China ETF Trading Up 4.1%

The company has a market capitalization of $1.93 billion, a PE ratio of 14.14 and a beta of 0.87. The firm has a fifty day moving average of $45.05 and a two-hundred day moving average of $41.97.

Institutional Investors Weigh In On Columbia EM Core ex-China ETF

Several institutional investors have recently bought and sold shares of XCEM. Mercer Global Advisors Inc. ADV purchased a new stake in Columbia EM Core ex-China ETF during the 3rd quarter valued at about $26,958,000. Bank of America Corp DE boosted its holdings in Columbia EM Core ex-China ETF by 10.2% during the 1st 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 period. Citadel Advisors LLC boosted its holdings in Columbia EM Core ex-China ETF by 3,662.7% during the 3rd quarter. Citadel Advisors LLC now owns 250,973 shares of the company’s stock valued at $9,118,000 after acquiring an additional 244,303 shares during the period. Ameriprise Financial Inc. boosted its holdings in Columbia EM Core ex-China ETF by 468.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 291,840 shares of the company’s stock valued at $9,975,000 after acquiring an additional 240,536 shares during the period. Finally, Sanctuary Advisors LLC boosted its holdings in Columbia EM Core ex-China ETF by 750.5% during the 1st quarter. Sanctuary Advisors LLC now owns 254,590 shares of the company’s stock valued at $10,390,000 after acquiring an additional 224,655 shares during the period.

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.