Focus Financial Network Inc. Sells 10,666 Shares of Columbia EM Core ex-China ETF $XCEM

Focus Financial Network Inc. trimmed its stake in shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 10.7% during the second quarter, Holdings Channel.com reports. The firm owned 88,955 shares of the company’s stock after selling 10,666 shares during the period. Focus Financial Network Inc.’s holdings in Columbia EM Core ex-China ETF were worth $4,704,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Western Wealth Management LLC acquired a new stake in Columbia EM Core ex-China ETF in the fourth quarter worth about $834,000. Diversify Wealth Management LLC acquired a new position in Columbia EM Core ex-China ETF during the 1st quarter valued at about $1,774,000. Bank of America Corp DE boosted its stake in shares of Columbia EM Core ex-China ETF by 10.2% in the 1st quarter. Bank of America Corp DE now owns 3,427,623 shares of the company’s stock valued at $139,881,000 after purchasing an additional 318,012 shares during the last quarter. Spartan Wealth Advisory Services LLC acquired a new stake in Columbia EM Core ex-China ETF during the 1st quarter worth $4,340,000. Finally, Total Clarity Wealth Management Inc. grew its holdings in Columbia EM Core ex-China ETF by 8.4% during the 1st quarter. Total Clarity Wealth Management Inc. now owns 139,114 shares of the company’s stock worth $5,677,000 after acquiring an additional 10,727 shares during the period.

Columbia EM Core ex-China ETF Stock Performance

Shares of Columbia EM Core ex-China ETF stock opened at $49.56 on Monday. The firm has a fifty day moving average of $50.42 and a two-hundred day moving average of $46.58. The stock 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 has a 52 week low of $33.90 and a 52 week high of $55.43.

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.