CIBC Private Wealth Group LLC Grows Position in Columbia EM Core ex-China ETF $XCEM

CIBC Private Wealth Group LLC increased its holdings in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 79.9% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 34,678 shares of the company’s stock after buying an additional 15,401 shares during the quarter. CIBC Private Wealth Group LLC owned about 0.10% of Columbia EM Core ex-China ETF worth $1,260,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Columbia EM Core ex-China ETF by 192.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,604,767 shares of the company’s stock valued at $54,851,000 after acquiring an additional 1,056,911 shares during the last quarter. Mercer Global Advisors Inc. ADV bought a new stake in shares of Columbia EM Core ex-China ETF in the third quarter worth approximately $26,958,000. Citadel Advisors LLC raised its holdings in shares of Columbia EM Core ex-China ETF by 3,662.7% during the third quarter. Citadel Advisors LLC now owns 250,973 shares of the company’s stock valued at $9,118,000 after purchasing an additional 244,303 shares during the last quarter. Ameriprise Financial Inc. lifted its position in Columbia EM Core ex-China ETF by 468.8% during the second quarter. Ameriprise Financial Inc. now owns 291,840 shares of the company’s stock valued at $9,975,000 after purchasing an additional 240,536 shares during the period. Finally, Bank of America Corp DE lifted its position in Columbia EM Core ex-China ETF by 8.2% during the third quarter. Bank of America Corp DE now owns 3,049,335 shares of the company’s stock valued at $110,782,000 after purchasing an additional 232,060 shares during the period.

Columbia EM Core ex-China ETF Trading Down 3.6%

Shares of XCEM stock opened at $40.01 on Monday. Columbia EM Core ex-China ETF has a 12-month low of $26.44 and a 12-month high of $46.05. The stock has a market capitalization of $1.42 billion, a P/E ratio of 14.14 and a beta of 0.84. The firm’s 50 day moving average is $42.44 and its 200 day moving average is $39.30.

About Columbia EM Core ex-China ETF

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.