Kingsview Wealth Management LLC Makes New $6.29 Million Investment in Columbia Research Enhanced Emerging Economies ETF $ECON

Kingsview Wealth Management LLC purchased a new position in Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) in the 4th quarter, HoldingsChannel reports. The fund purchased 230,310 shares of the company’s stock, valued at approximately $6,294,000.

Several other institutional investors have also modified their holdings of the business. CIBC Private Wealth Group LLC boosted its stake in shares of Columbia Research Enhanced Emerging Economies ETF by 1.6% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 24,635 shares of the company’s stock valued at $653,000 after buying an additional 377 shares during the period. Bank of America Corp DE boosted its stake in shares of Columbia Research Enhanced Emerging Economies ETF by 0.6% in the 2nd quarter. Bank of America Corp DE now owns 453,265 shares of the company’s stock valued at $10,867,000 after buying an additional 2,547 shares during the period. Jane Street Group LLC boosted its stake 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 buying an additional 2,810 shares during the period. Raymond James Financial Inc. boosted its stake in shares of Columbia Research Enhanced Emerging Economies ETF by 42,278.3% in the 3rd quarter. Raymond James Financial Inc. now owns 9,747 shares of the company’s stock valued at $258,000 after buying an additional 9,724 shares during the period. Finally, CIBC Bancorp USA Inc. purchased a new position in shares of Columbia Research Enhanced Emerging Economies ETF in the 3rd quarter valued at about $653,000.

Columbia Research Enhanced Emerging Economies ETF Trading Up 0.1%

Shares of ECON opened at $36.35 on Friday. Columbia Research Enhanced Emerging Economies ETF has a twelve month low of $22.44 and a twelve month high of $36.37. The firm’s fifty day simple moving average is $31.88 and its 200-day simple moving average is $29.81. The firm has a market capitalization of $370.77 million, a price-to-earnings ratio of 12.92 and a beta of 0.52.

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.