Sachetta LLC Makes New Investment in Columbia EM Core ex-China ETF (NYSEARCA:XCEM)

Sachetta LLC purchased a new stake in shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 2,714 shares of the company’s stock, valued at approximately $82,000.

Several other institutional investors have also modified their holdings of the company. Allworth Financial LP acquired a new stake in Columbia EM Core ex-China ETF in the 4th quarter valued at about $37,000. Smithfield Trust Co purchased a new position in shares of Columbia EM Core ex-China ETF during the 4th quarter worth approximately $66,000. Principal Securities Inc. acquired a new position in shares of Columbia EM Core ex-China ETF during the 4th quarter worth approximately $89,000. Northwest Capital Management Inc purchased a new stake in Columbia EM Core ex-China ETF in the 4th quarter valued at approximately $129,000. Finally, CWM LLC purchased a new position in Columbia EM Core ex-China ETF during the fourth quarter worth $129,000.

Columbia EM Core ex-China ETF Stock Down 0.3 %

Shares of NYSEARCA:XCEM opened at $31.42 on Wednesday. The company has a market capitalization of $1.02 billion, a P/E ratio of 12.28 and a beta of 0.86. Columbia EM Core ex-China ETF has a 52-week low of $26.12 and a 52-week high of $31.74. The stock’s fifty day simple moving average is $30.88 and its 200-day simple moving average is $30.00.

Columbia EM Core ex-China ETF 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.