Envestnet Asset Management Inc. Boosts Stake in Columbia EM Core ex-China ETF $XCEM

Envestnet Asset Management Inc. increased its holdings in shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 172.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 95,127 shares of the company’s stock after acquiring an additional 60,275 shares during the quarter. Envestnet Asset Management Inc. owned about 0.28% of Columbia EM Core ex-China ETF worth $3,251,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Nelson Capital Management LLC purchased a new stake in Columbia EM Core ex-China ETF in the 2nd quarter valued at $4,959,000. McKinley Carter Wealth Services Inc. boosted its position in shares of Columbia EM Core ex-China ETF by 112.6% during the 2nd quarter. McKinley Carter Wealth Services Inc. now owns 233,358 shares of the company’s stock valued at $7,976,000 after acquiring an additional 123,574 shares during the last quarter. Smithfield Trust Co boosted its position in shares of Columbia EM Core ex-China ETF by 21.9% during the 1st quarter. Smithfield Trust Co now owns 5,575 shares of the company’s stock valued at $166,000 after acquiring an additional 1,000 shares during the last quarter. McAdam LLC grew its holdings in shares of Columbia EM Core ex-China ETF by 13.7% in the first quarter. McAdam LLC now owns 12,423 shares of the company’s stock valued at $367,000 after purchasing an additional 1,500 shares during the period. Finally, Goldman Sachs Group Inc. acquired a new stake in Columbia EM Core ex-China ETF during the first quarter worth about $349,000.

Columbia EM Core ex-China ETF Price Performance

Shares of XCEM stock opened at $38.26 on Friday. Columbia EM Core ex-China ETF has a 12 month low of $26.44 and a 12 month high of $39.14. The company has a market capitalization of $1.29 billion, a PE ratio of 14.14 and a beta of 0.84. The firm’s 50-day moving average is $37.25 and its two-hundred day moving average is $34.79.

Columbia EM Core ex-China ETF Company 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.