Altfest L J & Co. Inc. Decreases Stake in Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON)

Altfest L J & Co. Inc. trimmed its holdings in shares of Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON) by 5.0% during the fourth quarter, Holdings Channel reports. The fund owned 26,917 shares of the company’s stock after selling 1,418 shares during the quarter. Altfest L J & Co. Inc.’s holdings in Columbia Emerging Markets Consumer ETF were worth $561,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of ECON. Advisor Group Holdings Inc. increased its holdings in Columbia Emerging Markets Consumer ETF by 45.5% during the 1st quarter. Advisor Group Holdings Inc. now owns 3,869 shares of the company’s stock worth $82,000 after purchasing an additional 1,209 shares during the last quarter. Raymond James & Associates acquired a new stake in shares of Columbia Emerging Markets Consumer ETF during the first quarter worth approximately $213,000. Vontobel Holding Ltd. increased its stake in shares of Columbia Emerging Markets Consumer ETF by 6.8% in the first quarter. Vontobel Holding Ltd. now owns 23,665 shares of the company’s stock worth $499,000 after buying an additional 1,510 shares during the last quarter. Flow Traders U.S. LLC boosted its stake in Columbia Emerging Markets Consumer ETF by 45.5% during the 1st quarter. Flow Traders U.S. LLC now owns 25,633 shares of the company’s stock valued at $541,000 after acquiring an additional 8,019 shares during the last quarter. Finally, Goldman Sachs Group Inc. acquired a new position in Columbia Emerging Markets Consumer ETF during the 1st quarter worth $247,000.

Columbia Emerging Markets Consumer ETF Trading Up 0.4 %

NYSEARCA ECON traded up $0.08 on Thursday, hitting $20.59. 2,223 shares of the stock traded hands, compared to its average volume of 8,723. The company has a market capitalization of $70.01 million, a P/E ratio of 21.70 and a beta of 0.52. The stock has a 50-day moving average of $20.29 and a 200 day moving average of $20.28. Columbia Emerging Markets Consumer ETF has a twelve month low of $19.31 and a twelve month high of $21.91.

Columbia Emerging Markets Consumer ETF Profile

The Columbia Emerging Markets Consumer ETF (ECON) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of 60 emerging-market companies in consumer-oriented sectors. ECON was launched on Sep 14, 2010 and is managed by Columbia.