Diversify Wealth Management LLC Takes Position in Columbia EM Core ex-China ETF $XCEM

Diversify Wealth Management LLC purchased a new stake in shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 43,465 shares of the company’s stock, valued at approximately $1,774,000.

A number of other institutional investors also recently bought and sold shares of the stock. Mercer Global Advisors Inc. ADV purchased a new position in Columbia EM Core ex-China ETF during the third quarter worth $26,958,000. Citadel Advisors LLC raised its stake in shares of Columbia EM Core ex-China ETF by 3,662.7% in the third quarter. Citadel Advisors LLC now owns 250,973 shares of the company’s stock valued at $9,118,000 after acquiring an additional 244,303 shares during the period. Ameriprise Financial Inc. raised its stake in shares of Columbia EM Core ex-China ETF by 468.8% in the second quarter. Ameriprise Financial Inc. now owns 291,840 shares of the company’s stock valued at $9,975,000 after acquiring an additional 240,536 shares during the period. Bank of America Corp DE lifted its holdings in shares of Columbia EM Core ex-China ETF by 8.2% in the 3rd quarter. Bank of America Corp DE now owns 3,049,335 shares of the company’s stock worth $110,782,000 after acquiring an additional 232,060 shares during the last quarter. Finally, Earned Wealth Advisors LLC bought a new stake in shares of Columbia EM Core ex-China ETF in the 4th quarter worth about $7,887,000.

Columbia EM Core ex-China ETF Trading Up 1.5%

XCEM stock opened at $49.79 on Wednesday. Columbia EM Core ex-China ETF has a 12 month low of $33.76 and a 12 month high of $55.43. The company has a 50-day moving average price of $51.07 and a 200 day moving average price of $45.48. The stock has a market cap of $1.98 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.