Northern Trust Corp Sells 48,450 Shares of Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON)

Northern Trust Corp lowered its stake in shares of Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) by 82.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 10,500 shares of the company’s stock after selling 48,450 shares during the period. Northern Trust Corp owned approximately 0.36% of Columbia Research Enhanced Emerging Economies ETF worth $218,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. LPL Financial LLC lifted its stake in shares of Columbia Research Enhanced Emerging Economies ETF by 22,846.8% in the 4th quarter. LPL Financial LLC now owns 2,103,072 shares of the company’s stock worth $43,634,000 after purchasing an additional 2,093,907 shares during the period. OLD Mission Capital LLC grew its position in Columbia Research Enhanced Emerging Economies ETF by 288.0% during the fourth quarter. OLD Mission Capital LLC now owns 271,113 shares of the company’s stock valued at $5,625,000 after buying an additional 201,247 shares during the period. Finally, CIBC Private Wealth Group LLC increased its holdings in Columbia Research Enhanced Emerging Economies ETF by 140.3% during the fourth quarter. CIBC Private Wealth Group LLC now owns 23,094 shares of the company’s stock valued at $479,000 after buying an additional 13,483 shares during the last quarter.

Columbia Research Enhanced Emerging Economies ETF Trading Up 0.6%

ECON opened at $22.66 on Tuesday. The firm’s 50 day simple moving average is $21.74 and its two-hundred day simple moving average is $21.52. The company has a market capitalization of $83.84 million, a PE ratio of 12.59 and a beta of 0.40. Columbia Research Enhanced Emerging Economies ETF has a 1-year low of $18.97 and a 1-year high of $23.16.

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.