Marotta Asset Management Cuts Holdings in Columbia EM Core ex-China ETF $XCEM

Marotta Asset Management lowered its position in shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 4.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 872,063 shares of the company’s stock after selling 37,102 shares during the quarter. Columbia EM Core ex-China ETF comprises 6.6% of Marotta Asset Management’s investment portfolio, making the stock its 2nd biggest holding. Marotta Asset Management’s holdings in Columbia EM Core ex-China ETF were worth $35,920,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of XCEM. Private Advisor Group LLC lifted its stake in shares of Columbia EM Core ex-China ETF by 20.7% in the 1st quarter. Private Advisor Group LLC now owns 184,797 shares of the company’s stock valued at $7,542,000 after purchasing an additional 31,682 shares during the period. Janney Montgomery Scott LLC boosted its position in shares of Columbia EM Core ex-China ETF by 29.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 120,621 shares of the company’s stock valued at $4,923,000 after purchasing an additional 27,117 shares in the last quarter. Retirement Planning Group LLC NY grew its stake in Columbia EM Core ex-China ETF by 12.7% during the first quarter. Retirement Planning Group LLC NY now owns 13,941 shares of the company’s stock worth $569,000 after purchasing an additional 1,569 shares during the period. Pacific Sage Partners LLC grew its stake in Columbia EM Core ex-China ETF by 2.8% during the first quarter. Pacific Sage Partners LLC now owns 12,836 shares of the company’s stock worth $524,000 after purchasing an additional 345 shares during the period. Finally, Krilogy Financial LLC increased its holdings in Columbia EM Core ex-China ETF by 2.0% in the first quarter. Krilogy Financial LLC now owns 137,102 shares of the company’s stock worth $5,595,000 after purchasing an additional 2,639 shares in the last quarter.

Columbia EM Core ex-China ETF Stock Performance

Shares of XCEM stock opened at $50.63 on Friday. Columbia EM Core ex-China ETF has a fifty-two week low of $33.76 and a fifty-two week high of $55.43. The stock has a 50 day simple moving average of $50.51 and a two-hundred day simple moving average of $44.76. The company has a market cap of $2.00 billion, a P/E ratio of 14.14 and a beta of 0.89.

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.