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

Columbia EM Core ex-China ETF (NYSEARCA:XCEM) shares reached a new 52-week low on Friday . The company traded as low as $27.91 and last traded at $27.79, with a volume of 46840 shares traded. The stock had previously closed at $29.11.

Columbia EM Core ex-China ETF Price Performance

The stock’s 50-day moving average price is $29.96 and its 200-day moving average price is $30.87. The company has a market cap of $986.39 million, a P/E ratio of 14.19 and a beta of 0.81.

Institutional Trading of Columbia EM Core ex-China ETF

A number of institutional investors have recently bought and sold shares of XCEM. Bank of America Corp DE raised its position in shares of Columbia EM Core ex-China ETF by 5.3% in the fourth quarter. Bank of America Corp DE now owns 3,958,602 shares of the company’s stock valued at $117,175,000 after buying an additional 200,261 shares in the last quarter. LPL Financial LLC raised its holdings in Columbia EM Core ex-China ETF by 4.8% in the 4th quarter. LPL Financial LLC now owns 1,486,080 shares of the company’s stock valued at $43,988,000 after acquiring an additional 67,896 shares in the last quarter. Marotta Asset Management lifted its position in shares of Columbia EM Core ex-China ETF by 0.7% during the 4th quarter. Marotta Asset Management now owns 874,044 shares of the company’s stock valued at $25,907,000 after acquiring an additional 5,940 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Columbia EM Core ex-China ETF during the 4th quarter worth $23,334,000. Finally, Prism Advisors Inc. increased its position in shares of Columbia EM Core ex-China ETF by 1.9% in the fourth quarter. Prism Advisors Inc. now owns 776,007 shares of the company’s stock worth $22,970,000 after purchasing an additional 14,375 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.