Columbia EM Core ex-China ETF $XCEM Shares Sold by Breakwater Capital Group

Breakwater Capital Group decreased its position in shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 6.5% during the 2nd quarter, Holdings Channel.com reports. The firm owned 157,429 shares of the company’s stock after selling 10,933 shares during the quarter. Columbia EM Core ex-China ETF accounts for 1.0% of Breakwater Capital Group’s investment portfolio, making the stock its 21st biggest holding. Breakwater Capital Group’s holdings in Columbia EM Core ex-China ETF were worth $8,325,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in shares of Columbia EM Core ex-China ETF by 10.2% during the 1st quarter. Bank of America Corp DE now owns 3,427,623 shares of the company’s stock valued at $139,881,000 after purchasing an additional 318,012 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings 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 buying an additional 24,520 shares during the period. LPL Financial LLC boosted its stake in Columbia EM Core ex-China ETF by 4.0% during the fourth quarter. LPL Financial LLC now owns 999,763 shares of the company’s stock valued at $38,351,000 after buying an additional 38,587 shares in the last quarter. Raymond James Financial Inc. boosted its stake in Columbia EM Core ex-China ETF by 2.2% during the third quarter. Raymond James Financial Inc. now owns 875,559 shares of the company’s stock valued at $31,809,000 after buying an additional 18,759 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV bought a new position in Columbia EM Core ex-China ETF during the third quarter valued at about $26,958,000.

Columbia EM Core ex-China ETF Stock Up 1.3%

NYSEARCA:XCEM opened at $49.56 on Friday. The business’s 50-day moving average price is $50.42 and its 200 day moving average price is $46.54. Columbia EM Core ex-China ETF has a 52-week low of $33.90 and a 52-week high of $55.43. The firm has a market cap of $2.00 billion, a P/E ratio of 14.14 and a beta of 0.91.

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.