LPL Financial LLC Buys 2,093,907 Shares of Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON)

LPL Financial LLC boosted its stake in Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON) by 22,846.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,103,072 shares of the company’s stock after buying an additional 2,093,907 shares during the quarter. LPL Financial LLC owned approximately 0.73% of Columbia Emerging Markets Consumer ETF worth $43,634,000 as of its most recent SEC filing.

Separately, HighTower Advisors LLC increased its stake in Columbia Emerging Markets Consumer ETF by 8.5% in the 3rd quarter. HighTower Advisors LLC now owns 114,478 shares of the company’s stock valued at $2,581,000 after buying an additional 8,997 shares during the last quarter.

Columbia Emerging Markets Consumer ETF Stock Down 2.0 %

Shares of NYSEARCA ECON opened at $21.81 on Friday. The company has a market capitalization of $87.24 million, a PE ratio of 13.43 and a beta of 0.49. The stock’s 50 day moving average price is $21.71 and its 200-day moving average price is $21.62. Columbia Emerging Markets Consumer ETF has a twelve month low of $19.55 and a twelve month high of $23.13.

Columbia Emerging Markets Consumer ETF Profile

The Columbia Emerging Markets Consumer ETF (ECON) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of 60 emerging-market companies in consumer-oriented sectors. ECON was launched on Sep 14, 2010 and is managed by Columbia.