Columbia EM Core ex-China ETF $XCEM Shares Purchased by Marotta Asset Management

Marotta Asset Management raised its position in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 2.6% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 909,165 shares of the company’s stock after purchasing an additional 23,256 shares during the period. Columbia EM Core ex-China ETF accounts for approximately 6.5% of Marotta Asset Management’s portfolio, making the stock its 2nd biggest holding. Marotta Asset Management’s holdings in Columbia EM Core ex-China ETF were worth $34,876,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Coastline Trust Co grew its holdings in shares of Columbia EM Core ex-China ETF by 8.6% during the fourth quarter. Coastline Trust Co now owns 29,384 shares of the company’s stock worth $1,127,000 after buying an additional 2,321 shares in the last quarter. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Columbia EM Core ex-China ETF in the third quarter worth about $106,000. CIBC Private Wealth Group LLC boosted its position in Columbia EM Core ex-China ETF by 79.9% during the third quarter. CIBC Private Wealth Group LLC now owns 34,678 shares of the company’s stock worth $1,260,000 after acquiring an additional 15,401 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new position in Columbia EM Core ex-China ETF during the third quarter worth about $1,260,000. Finally, Sunbelt Securities Inc. purchased a new stake in Columbia EM Core ex-China ETF during the 3rd quarter valued at about $116,000.

Columbia EM Core ex-China ETF Trading Down 3.6%

XCEM stock opened at $40.01 on Friday. The company has a market cap of $1.42 billion, a price-to-earnings ratio of 14.14 and a beta of 0.84. Columbia EM Core ex-China ETF has a 12 month low of $26.44 and a 12 month high of $46.05. The firm has a 50-day moving average of $42.44 and a two-hundred day moving average of $39.23.

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.