Ehrlich Financial Group Buys 4,497 Shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM)

Ehrlich Financial Group boosted its stake in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 5.3% in the fourth quarter, Holdings Channel reports. The firm owned 88,682 shares of the company’s stock after purchasing an additional 4,497 shares during the quarter. Columbia EM Core ex-China ETF accounts for about 1.9% of Ehrlich Financial Group’s investment portfolio, making the stock its 15th largest position. Ehrlich Financial Group’s holdings in Columbia EM Core ex-China ETF were worth $2,625,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Eastern Bank raised its position in shares of Columbia EM Core ex-China ETF by 0.3% in the 4th quarter. Eastern Bank now owns 464,843 shares of the company’s stock valued at $13,759,000 after buying an additional 1,370 shares in the last quarter. Marotta Asset Management boosted its stake in Columbia EM Core ex-China ETF by 0.7% in the fourth quarter. Marotta Asset Management now owns 874,044 shares of the company’s stock valued at $25,907,000 after buying an additional 5,940 shares in the last quarter. B. Riley Wealth Advisors Inc. bought a new position in Columbia EM Core ex-China ETF in the third quarter valued at about $424,000. Westside Investment Management Inc. acquired a new position in Columbia EM Core ex-China ETF during the third quarter worth about $69,000. Finally, Jane Street Group LLC lifted its holdings in shares of Columbia EM Core ex-China ETF by 442.9% in the third quarter. Jane Street Group LLC now owns 733,647 shares of the company’s stock worth $23,968,000 after acquiring an additional 598,512 shares during the last quarter.

Columbia EM Core ex-China ETF Stock Performance

Shares of XCEM traded down $0.27 during mid-day trading on Monday, reaching $29.27. The company had a trading volume of 315,408 shares, compared to its average volume of 304,273. The company’s 50 day simple moving average is $30.86 and its 200 day simple moving average is $31.82. The company has a market capitalization of $954.20 million, a price-to-earnings ratio of 12.28 and a beta of 0.86. Columbia EM Core ex-China ETF has a 1-year low of $28.52 and a 1-year high of $33.90.

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.