Cwm LLC Trims Holdings in Columbia EM Core ex-China ETF $XCEM

Cwm LLC cut its holdings in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 42.8% during the second quarter, Holdings Channel reports. The institutional investor owned 54,532 shares of the company’s stock after selling 40,788 shares during the quarter. Cwm LLC’s holdings in Columbia EM Core ex-China ETF were worth $1,864,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ameritas Advisory Services LLC purchased a new stake in shares of Columbia EM Core ex-China ETF in the 2nd quarter worth about $45,000. Golden State Wealth Management LLC grew its position in shares of Columbia EM Core ex-China ETF by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 1,632 shares of the company’s stock worth $48,000 after buying an additional 816 shares during the period. Pinnacle Bancorp Inc. purchased a new stake in shares of Columbia EM Core ex-China ETF in the 1st quarter worth about $54,000. Greykasell Wealth Strategies Inc. purchased a new stake in shares of Columbia EM Core ex-China ETF in the 1st quarter worth about $66,000. Finally, McIlrath & Eck LLC grew its position in shares of Columbia EM Core ex-China ETF by 378.4% in the 1st quarter. McIlrath & Eck LLC now owns 2,904 shares of the company’s stock worth $86,000 after buying an additional 2,297 shares during the period.

Columbia EM Core ex-China ETF Price Performance

NYSEARCA:XCEM opened at $37.75 on Monday. The firm’s 50-day moving average price is $35.75 and its 200-day moving average price is $33.44. The company has a market capitalization of $1.29 billion, a PE ratio of 14.14 and a beta of 0.91. Columbia EM Core ex-China ETF has a 1-year low of $26.44 and a 1-year high of $37.98.

About Columbia EM Core ex-China ETF

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.