Royal Bank of Canada Raises Position in Columbia EM Core ex-China ETF $XCEM

Royal Bank of Canada increased its stake in shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 494.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 230,847 shares of the company’s stock after buying an additional 192,002 shares during the quarter. Royal Bank of Canada’s holdings in Columbia EM Core ex-China ETF were worth $9,421,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Global Retirement Partners LLC purchased a new position in Columbia EM Core ex-China ETF during the 4th quarter worth $33,000. Allworth Financial LP lifted its position in shares of Columbia EM Core ex-China ETF by 76.7% during the fourth 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 position in shares of Columbia EM Core ex-China ETF during the fourth quarter valued at about $98,000. Sunbelt Securities Inc. purchased a new position in Columbia EM Core ex-China ETF during the third quarter worth about $116,000. Finally, EverSource Wealth Advisors LLC purchased a new position in Columbia EM Core ex-China ETF during the second quarter worth about $129,000.

Columbia EM Core ex-China ETF Price Performance

XCEM stock opened at $49.56 on Monday. The firm has a market cap of $2.00 billion, a PE ratio of 14.14 and a beta of 0.91. The business has a 50 day moving average of $50.42 and a 200-day moving average of $46.58. Columbia EM Core ex-China ETF has a 12-month low of $33.90 and a 12-month high of $55.43.

Columbia EM Core ex-China ETF 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.