Eastern Bank Reduces Position in Columbia EM Core ex-China ETF $XCEM

Eastern Bank decreased its position in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 48.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 26,122 shares of the company’s stock after selling 24,820 shares during the period. Eastern Bank owned about 0.08% of Columbia EM Core ex-China ETF worth $1,002,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Fortitude Financial LLC purchased a new position in shares of Columbia EM Core ex-China ETF in the third quarter valued at about $3,056,000. Penserra Capital Management LLC boosted its holdings in shares of Columbia EM Core ex-China ETF by 7.7% during the third quarter. Penserra Capital Management LLC now owns 1,421,095 shares of the company’s stock worth $51,628,000 after purchasing an additional 101,598 shares during the period. Commonwealth Equity Services LLC grew its stake in shares of Columbia EM Core ex-China ETF by 26.6% in the third quarter. Commonwealth Equity Services LLC now owns 723,252 shares of the company’s stock worth $26,276,000 after purchasing an additional 151,878 shares during the last quarter. CIBC Private Wealth Group LLC grew its position in shares of Columbia EM Core ex-China ETF by 79.9% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 34,678 shares of the company’s stock worth $1,260,000 after buying an additional 15,401 shares during the last quarter. Finally, Truist Financial Corp bought a new position in shares of Columbia EM Core ex-China ETF during the third quarter valued at approximately $1,098,000.

Columbia EM Core ex-China ETF Price Performance

Shares of Columbia EM Core ex-China ETF stock opened at $39.62 on Monday. The business has a 50 day moving average of $42.47 and a 200 day moving average of $39.49. Columbia EM Core ex-China ETF has a 52 week low of $26.44 and a 52 week high of $46.05. The company has a market cap of $1.40 billion, a PE ratio of 14.14 and a beta of 0.84.

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.