Columbia EM Core ex-China ETF $XCEM Shares Sold by Flaharty Asset Management LLC

Flaharty Asset Management LLC lowered its stake in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 93.3% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 50,945 shares of the company’s stock after selling 706,323 shares during the quarter. Columbia EM Core ex-China ETF comprises 3.7% of Flaharty Asset Management LLC’s investment portfolio, making the stock its 7th largest holding. Flaharty Asset Management LLC’s holdings in Columbia EM Core ex-China ETF were worth $2,592,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Western Wealth Management LLC grew its holdings in Columbia EM Core ex-China ETF by 1.8% in the first quarter. Western Wealth Management LLC now owns 22,126 shares of the company’s stock worth $903,000 after purchasing an additional 383 shares during the period. Essential Partners LLC boosted its holdings in Columbia EM Core ex-China ETF by 112.6% in the first quarter. Essential Partners LLC now owns 9,618 shares of the company’s stock worth $393,000 after acquiring an additional 5,093 shares in the last quarter. Bank of America Corp DE grew its stake in Columbia EM Core ex-China ETF by 10.2% in the first quarter. Bank of America Corp DE now owns 3,427,623 shares of the company’s stock valued at $139,881,000 after acquiring an additional 318,012 shares during the period. EverSource Wealth Advisors LLC grew its stake in Columbia EM Core ex-China ETF by 23.9% in the first quarter. EverSource Wealth Advisors LLC now owns 16,079 shares of the company’s stock valued at $656,000 after acquiring an additional 3,106 shares during the period. Finally, Royal Bank of Canada increased its holdings in shares of Columbia EM Core ex-China ETF by 494.3% during the first quarter. Royal Bank of Canada now owns 230,847 shares of the company’s stock valued at $9,421,000 after acquiring an additional 192,002 shares in the last quarter.

Columbia EM Core ex-China ETF Stock Up 1.3%

Shares of NYSEARCA:XCEM opened at $49.56 on Friday. Columbia EM Core ex-China ETF has a twelve month low of $33.90 and a twelve month high of $55.43. The stock’s 50 day moving average is $50.42 and its 200-day moving average is $46.54. The firm has a market capitalization of $2.00 billion, a price-to-earnings ratio of 14.14 and a beta of 0.91.

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.