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

CIBC Private Wealth Group LLC raised its position in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 79.9% during the third quarter, Holdings Channel reports. The fund owned 34,678 shares of the company’s stock after acquiring an additional 15,401 shares during the period. CIBC Private Wealth Group LLC’s holdings in Columbia EM Core ex-China ETF were worth $1,260,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Battery Global Advisors LLC bought a new stake in shares of Columbia EM Core ex-China ETF during the 3rd quarter valued at about $45,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Columbia EM Core ex-China ETF during the 2nd quarter valued at about $57,000. Sunbelt Securities Inc. bought a new position in shares of Columbia EM Core ex-China ETF in the 3rd quarter worth approximately $116,000. EverSource Wealth Advisors LLC bought a new position in shares of Columbia EM Core ex-China ETF in the 2nd quarter worth approximately $129,000. Finally, Navigoe LLC purchased a new position in shares of Columbia EM Core ex-China ETF in the third quarter worth approximately $170,000.

Columbia EM Core ex-China ETF Trading Down 3.6%

Shares of NYSEARCA XCEM opened at $40.01 on Monday. The firm has a 50 day moving average of $42.44 and a 200 day moving average of $39.30. The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of 14.14 and a beta of 0.84. Columbia EM Core ex-China ETF has a 12-month low of $26.44 and a 12-month high of $46.05.

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.