Columbia EM Core ex-China ETF (NYSEARCA:XCEM) Sees Large Volume Increase – Here’s Why

Columbia EM Core ex-China ETF (NYSEARCA:XCEM) saw strong trading volume on Wednesday . 304,608 shares changed hands during mid-day trading, an increase of 55% from the previous session’s volume of 196,435 shares.The stock last traded at $29.77 and had previously closed at $29.32.

Columbia EM Core ex-China ETF Stock Up 0.7 %

The stock has a market cap of $1.09 billion, a P/E ratio of 12.63 and a beta of 0.93. The firm has a 50 day moving average price of $30.03 and a 200 day moving average price of $31.27.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Leavell Investment Management Inc. grew its holdings in Columbia EM Core ex-China ETF by 0.4% during the 3rd quarter. Leavell Investment Management Inc. now owns 94,804 shares of the company’s stock valued at $3,097,000 after buying an additional 373 shares in the last quarter. NewEdge Advisors LLC grew its stake in Columbia EM Core ex-China ETF by 1.0% during the fourth quarter. NewEdge Advisors LLC now owns 39,071 shares of the company’s stock valued at $1,156,000 after acquiring an additional 402 shares in the last quarter. Managed Asset Portfolios LLC grew its stake in Columbia EM Core ex-China ETF by 3.8% during the third quarter. Managed Asset Portfolios LLC now owns 17,547 shares of the company’s stock valued at $573,000 after acquiring an additional 647 shares in the last quarter. Thrivent Financial for Lutherans increased its holdings in Columbia EM Core ex-China ETF by 2.3% in the 4th quarter. Thrivent Financial for Lutherans now owns 33,910 shares of the company’s stock valued at $1,034,000 after acquiring an additional 760 shares during the last quarter. Finally, HighTower Advisors LLC lifted its stake in Columbia EM Core ex-China ETF by 0.4% in the 3rd quarter. HighTower Advisors LLC now owns 224,517 shares of the company’s stock worth $7,332,000 after purchasing an additional 857 shares in the last quarter.

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.