IFC & Insurance Marketing Inc. Increases Stake in Columbia EM Core ex-China ETF $XCEM

IFC & Insurance Marketing Inc. lifted its position in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 52.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,356 shares of the company’s stock after acquiring an additional 14,237 shares during the quarter. Columbia EM Core ex-China ETF accounts for approximately 1.8% of IFC & Insurance Marketing Inc.’s investment portfolio, making the stock its 17th largest holding. IFC & Insurance Marketing Inc.’s holdings in Columbia EM Core ex-China ETF were worth $1,688,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Global Retirement Partners LLC bought a new position in Columbia EM Core ex-China ETF during the 4th quarter worth about $33,000. Battery Global Advisors LLC purchased a new position in Columbia EM Core ex-China ETF during the 3rd quarter valued at about $45,000. Allworth Financial LP raised its holdings in shares of Columbia EM Core ex-China ETF by 76.7% in the 4th quarter. Allworth Financial LP now owns 2,234 shares of the company’s stock valued at $86,000 after purchasing an additional 970 shares in the last quarter. Atlas Capital Advisors Inc. bought a new stake in shares of Columbia EM Core ex-China ETF in the 4th quarter valued at about $98,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Columbia EM Core ex-China ETF in the 3rd quarter worth approximately $106,000.

Columbia EM Core ex-China ETF Stock Performance

Shares of XCEM opened at $54.96 on Tuesday. The company has a 50 day moving average price of $49.51 and a 200-day moving average price of $44.01. Columbia EM Core ex-China ETF has a fifty-two week low of $32.57 and a fifty-two week high of $55.43. The stock has a market capitalization of $2.07 billion, a PE ratio of 14.14 and a beta of 0.89.

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.