Bank of America Corp DE Grows Stake in Columbia EM Core ex-China ETF (NYSEARCA:XCEM)

Bank of America Corp DE boosted its stake in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 5.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,958,602 shares of the company’s stock after purchasing an additional 200,261 shares during the quarter. Bank of America Corp DE owned about 12.14% of Columbia EM Core ex-China ETF worth $117,175,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Wingate Wealth Advisors Inc. purchased a new position in Columbia EM Core ex-China ETF during the fourth quarter worth $28,000. Graney & King LLC purchased a new stake in Columbia EM Core ex-China ETF in the fourth quarter worth about $32,000. Avior Wealth Management LLC boosted its stake in shares of Columbia EM Core ex-China ETF by 25.3% during the fourth quarter. Avior Wealth Management LLC now owns 6,414 shares of the company’s stock valued at $190,000 after purchasing an additional 1,294 shares in the last quarter. Principal Securities Inc. increased its holdings in shares of Columbia EM Core ex-China ETF by 46.8% in the 4th quarter. Principal Securities Inc. now owns 7,138 shares of the company’s stock valued at $211,000 after acquiring an additional 2,276 shares during the period. Finally, Ridgeline Wealth Planning LLC bought a new position in Columbia EM Core ex-China ETF in the fourth quarter worth about $238,000.

Columbia EM Core ex-China ETF Trading Up 1.2 %

Shares of XCEM opened at $31.20 on Friday. The firm has a market cap of $1.15 billion, a PE ratio of 13.05 and a beta of 0.82. The stock has a fifty day moving average price of $29.59 and a 200-day moving average price of $30.28. Columbia EM Core ex-China ETF has a 12 month low of $26.44 and a 12 month high of $33.90.

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.