Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON) Trading 0.2% Higher

Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON)’s stock price rose 0.2% on Thursday . The company traded as high as $19.97 and last traded at $19.91. Approximately 5,350 shares traded hands during trading, a decline of 32% from the average daily volume of 7,921 shares. The stock had previously closed at $19.86.

Columbia Emerging Markets Consumer ETF Stock Up 0.1 %

The stock’s 50-day simple moving average is $20.44 and its two-hundred day simple moving average is $20.30. The company has a market capitalization of $57.77 million, a price-to-earnings ratio of 23.65 and a beta of 0.70.

Hedge Funds Weigh In On Columbia Emerging Markets Consumer ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Flow Traders U.S. LLC lifted its stake in Columbia Emerging Markets Consumer ETF by 45.5% in the 1st quarter. Flow Traders U.S. LLC now owns 25,633 shares of the company’s stock worth $541,000 after purchasing an additional 8,019 shares in the last quarter. Vontobel Holding Ltd. lifted its stake in shares of Columbia Emerging Markets Consumer ETF by 6.8% in the 1st quarter. Vontobel Holding Ltd. now owns 23,665 shares of the company’s stock valued at $499,000 after purchasing an additional 1,510 shares during the last quarter. Wells Fargo & Company MN boosted its stake in Columbia Emerging Markets Consumer ETF by 26.6% during the fourth quarter. Wells Fargo & Company MN now owns 24,622 shares of the company’s stock worth $485,000 after buying an additional 5,177 shares during the period. Susquehanna International Group LLP purchased a new position in shares of Columbia Emerging Markets Consumer ETF during the 1st quarter worth approximately $471,000. Finally, LPL Financial LLC purchased a new position in shares of Columbia Emerging Markets Consumer ETF during the second quarter worth $344,000.

About Columbia Emerging Markets Consumer ETF

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.