Bank of America Corp DE Has $12.99 Million Holdings in Columbia Research Enhanced Emerging Economies ETF $ECON

Bank of America Corp DE boosted its holdings in shares of Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) by 5.8% during the 1st quarter, HoldingsChannel.com reports. The fund owned 451,944 shares of the company’s stock after purchasing an additional 24,745 shares during the period. Bank of America Corp DE’s holdings in Columbia Research Enhanced Emerging Economies ETF were worth $12,989,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Royal Bank of Canada increased its holdings in shares of Columbia Research Enhanced Emerging Economies ETF by 1.6% in the fourth quarter. Royal Bank of Canada now owns 35,962 shares of the company’s stock worth $983,000 after acquiring an additional 574 shares in the last quarter. CIBC Private Wealth Group LLC lifted its holdings in shares of Columbia Research Enhanced Emerging Economies ETF by 11.0% during the 4th quarter. CIBC Private Wealth Group LLC now owns 27,349 shares of the company’s stock valued at $747,000 after purchasing an additional 2,714 shares in the last quarter. Jane Street Group LLC grew its position in shares of Columbia Research Enhanced Emerging Economies ETF by 6.0% in the 2nd quarter. Jane Street Group LLC now owns 49,720 shares of the company’s stock valued at $1,192,000 after purchasing an additional 2,810 shares during the period. Karnit Road Accident Victims Compensation Fund acquired a new position in shares of Columbia Research Enhanced Emerging Economies ETF in the 4th quarter valued at approximately $238,000. Finally, Raymond James Financial Inc. increased its stake in Columbia Research Enhanced Emerging Economies ETF by 42,278.3% during the 3rd quarter. Raymond James Financial Inc. now owns 9,747 shares of the company’s stock worth $258,000 after purchasing an additional 9,724 shares in the last quarter.

Columbia Research Enhanced Emerging Economies ETF Stock Performance

Shares of ECON stock opened at $35.34 on Friday. The company has a market capitalization of $346.33 million, a P/E ratio of 12.92 and a beta of 0.56. The company’s 50 day moving average price is $34.81 and its two-hundred day moving average price is $32.81. Columbia Research Enhanced Emerging Economies ETF has a 52 week low of $24.58 and a 52 week high of $38.18.

Columbia Research Enhanced Emerging Economies ETF Profile

The Columbia Emerging Markets Consumer ETF (ECON) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of 60 emerging-market companies in consumer-oriented sectors. ECON was launched on Sep 14, 2010 and is managed by Columbia.