Marotta Asset Management Sells 39,163 Shares of Columbia EM Core ex-China ETF $XCEM

Marotta Asset Management reduced its holdings in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 4.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 779,507 shares of the company’s stock after selling 39,163 shares during the quarter. Columbia EM Core ex-China ETF makes up 6.7% of Marotta Asset Management’s portfolio, making the stock its 2nd biggest holding. Marotta Asset Management’s holdings in Columbia EM Core ex-China ETF were worth $40,074,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in 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 worth $139,881,000 after buying an additional 318,012 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of Columbia EM Core ex-China ETF by 5.1% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 1,008,740 shares of the company’s stock worth $53,342,000 after acquiring an additional 48,898 shares during the period. Planning Alternatives Ltd. ADV lifted its holdings in shares of Columbia EM Core ex-China ETF by 18.7% during the 1st quarter. Planning Alternatives Ltd. ADV now owns 385,033 shares of the company’s stock worth $15,713,000 after acquiring an additional 60,636 shares during the period. Sanctuary Advisors LLC lifted its holdings in shares of Columbia EM Core ex-China ETF by 750.5% during the 1st quarter. Sanctuary Advisors LLC now owns 254,590 shares of the company’s stock worth $10,390,000 after acquiring an additional 224,655 shares during the period. Finally, Highland Financial Advisors LLC boosted its position in shares of Columbia EM Core ex-China ETF by 8.2% in the second quarter. Highland Financial Advisors LLC now owns 190,599 shares of the company’s stock worth $10,079,000 after acquiring an additional 14,433 shares during the last quarter.

Columbia EM Core ex-China ETF Price Performance

NYSEARCA:XCEM traded up $1.20 during trading hours on Friday, reaching $52.62. 163,559 shares of the company were exchanged, compared to its average volume of 210,700. The firm has a market cap of $2.17 billion, a price-to-earnings ratio of 14.14 and a beta of 0.91. The stock has a 50 day simple moving average of $50.47 and a 200 day simple moving average of $48.86. Columbia EM Core ex-China ETF has a 52-week low of $36.03 and a 52-week high of $55.43.

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.