Columbia EM Core ex-China ETF $XCEM Shares Sold by Financial Life Advisors

Financial Life Advisors trimmed its position in shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 49.3% during the fourth quarter, Holdings Channel reports. The firm owned 52,321 shares of the company’s stock after selling 50,870 shares during the quarter. Columbia EM Core ex-China ETF makes up approximately 0.6% of Financial Life Advisors’ portfolio, making the stock its 24th biggest holding. Financial Life Advisors’ holdings in Columbia EM Core ex-China ETF were worth $2,007,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in XCEM. Bank of America Corp DE raised its stake in shares of Columbia EM Core ex-China ETF by 8.2% in the third quarter. Bank of America Corp DE now owns 3,049,335 shares of the company’s stock valued at $110,782,000 after acquiring an additional 232,060 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Columbia EM Core ex-China ETF by 1.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,629,287 shares of the company’s stock valued at $59,192,000 after acquiring an additional 24,520 shares in the last quarter. Penserra Capital Management LLC raised its stake in shares of Columbia EM Core ex-China ETF by 7.7% in the third quarter. Penserra Capital Management LLC now owns 1,421,095 shares of the company’s stock valued at $51,628,000 after acquiring an additional 101,598 shares in the last quarter. Marotta Asset Management raised its stake in shares of Columbia EM Core ex-China ETF by 2.6% in the fourth quarter. Marotta Asset Management now owns 909,165 shares of the company’s stock valued at $34,876,000 after acquiring an additional 23,256 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in shares of Columbia EM Core ex-China ETF by 2.2% in the third quarter. Raymond James Financial Inc. now owns 875,559 shares of the company’s stock valued at $31,809,000 after acquiring an additional 18,759 shares in the last quarter.

Columbia EM Core ex-China ETF Trading Down 0.5%

Shares of NYSEARCA XCEM opened at $46.32 on Thursday. The stock has a market cap of $1.74 billion, a P/E ratio of 14.14 and a beta of 0.80. Columbia EM Core ex-China ETF has a 12-month low of $29.99 and a 12-month high of $47.18. The business’s fifty day simple moving average is $43.25 and its 200-day simple moving average is $40.71.

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.