Raymond James & Associates Makes New $994,000 Investment in Columbia EM Core ex-China ETF (NYSEARCA:XCEM)

Raymond James & Associates acquired a new stake in shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 32,847 shares of the company’s stock, valued at approximately $994,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. purchased a new position in shares of Columbia EM Core ex-China ETF in the 1st quarter valued at approximately $613,000. Cetera Advisor Networks LLC purchased a new position in Columbia EM Core ex-China ETF during the first quarter valued at $378,000. NewEdge Advisors LLC boosted its holdings in shares of Columbia EM Core ex-China ETF by 43.6% during the 1st quarter. NewEdge Advisors LLC now owns 41,146 shares of the company’s stock valued at $1,259,000 after buying an additional 12,501 shares in the last quarter. Captrust Financial Advisors purchased a new stake in shares of Columbia EM Core ex-China ETF in the 1st quarter worth about $36,000. Finally, Royal Bank of Canada bought a new position in shares of Columbia EM Core ex-China ETF in the 1st quarter worth about $5,074,000.

Columbia EM Core ex-China ETF Stock Performance

Shares of XCEM opened at $29.70 on Monday. The firm’s 50-day simple moving average is $30.66 and its two-hundred day simple moving average is $29.38. Columbia EM Core ex-China ETF has a fifty-two week low of $26.12 and a fifty-two week high of $31.64. The stock has a market cap of $926.64 million, a PE ratio of 12.39 and a beta of 0.86.

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.