Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON) Shares Up 0.7% – Should You Buy?

Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON)’s stock price was up 0.7% during mid-day trading on Friday . The company traded as high as $20.90 and last traded at $20.83. Approximately 7,236 shares traded hands during trading, a decline of 58% from the average daily volume of 17,194 shares. The stock had previously closed at $20.69.

Columbia Emerging Markets Consumer ETF Price Performance

The stock has a market capitalization of $60.41 million, a price-to-earnings ratio of 25.23 and a beta of 0.74. The business has a fifty day moving average of $21.11 and a 200-day moving average of $21.37.

Institutional Trading of Columbia Emerging Markets Consumer ETF

An institutional investor recently raised its position in Columbia Emerging Markets Consumer ETF stock. Jane Street Group LLC lifted its stake in Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON) by 61.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 68,376 shares of the company’s stock after purchasing an additional 25,949 shares during the quarter. Jane Street Group LLC owned 2.36% of Columbia Emerging Markets Consumer ETF worth $1,542,000 as of its most recent filing with the Securities & Exchange Commission.

Columbia Emerging Markets Consumer ETF Company 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.