Columbia EM Core ex-China ETF $XCEM is Prism Advisors Inc.’s 4th Largest Position

Prism Advisors Inc. lowered its stake in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 4.4% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 528,495 shares of the company’s stock after selling 24,593 shares during the quarter. Columbia EM Core ex-China ETF makes up 5.2% of Prism Advisors Inc.’s portfolio, making the stock its 4th biggest position. Prism Advisors Inc.’s holdings in Columbia EM Core ex-China ETF were worth $19,200,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in XCEM. Bank of America Corp DE grew its stake in shares of Columbia EM Core ex-China ETF by 1.6% in the second quarter. Bank of America Corp DE now owns 2,817,275 shares of the company’s stock worth $96,294,000 after acquiring an additional 45,041 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Columbia EM Core ex-China ETF by 192.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,604,767 shares of the company’s stock worth $54,851,000 after purchasing an additional 1,056,911 shares in the last quarter. Penserra Capital Management LLC grew its position in Columbia EM Core ex-China ETF by 52.3% during the 2nd quarter. Penserra Capital Management LLC now owns 1,319,497 shares of the company’s stock valued at $45,100,000 after purchasing an additional 453,037 shares during the last quarter. Marotta Asset Management increased its stake in Columbia EM Core ex-China ETF by 1.0% during the 2nd quarter. Marotta Asset Management now owns 876,654 shares of the company’s stock valued at $29,964,000 after purchasing an additional 8,550 shares in the last quarter. Finally, Raymond James Financial Inc. raised its holdings in Columbia EM Core ex-China ETF by 10.7% in the first quarter. Raymond James Financial Inc. now owns 872,362 shares of the company’s stock worth $25,765,000 after buying an additional 84,064 shares during the last quarter.

Columbia EM Core ex-China ETF Stock Up 0.7%

NYSEARCA:XCEM opened at $37.42 on Tuesday. The stock has a market cap of $1.26 billion, a price-to-earnings ratio of 14.14 and a beta of 0.84. The company’s 50 day moving average price is $38.00 and its 200-day moving average price is $35.92. Columbia EM Core ex-China ETF has a 52 week low of $26.44 and a 52 week high of $39.14.

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.