Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON) Stock Price Up 0% – Time to Buy?

Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON)’s stock price shot up 0% during mid-day trading on Friday . The stock traded as high as $21.54 and last traded at $21.30. 5,130 shares were traded during mid-day trading, a decline of 58% from the average session volume of 12,249 shares. The stock had previously closed at $21.29.

Columbia Emerging Markets Consumer ETF Price Performance

The business has a fifty day moving average price of $21.06 and a 200 day moving average price of $21.35. The company has a market capitalization of $61.77 million, a price-to-earnings ratio of 25.23 and a beta of 0.74.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Columbia Emerging Markets Consumer ETF stock. HighTower Advisors LLC raised its position in shares of Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON) by 8.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 114,478 shares of the company’s stock after purchasing an additional 8,997 shares during the quarter. HighTower Advisors LLC owned about 3.95% of Columbia Emerging Markets Consumer ETF worth $2,581,000 as of its most recent SEC filing.

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.