MML Investors Services LLC Decreases Stock Holdings in Columbia EM Core ex-China ETF (NYSEARCA:XCEM)

MML Investors Services LLC trimmed its holdings in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 79.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,576 shares of the company’s stock after selling 198,498 shares during the quarter. MML Investors Services LLC owned about 0.16% of Columbia EM Core ex-China ETF worth $1,556,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of XCEM. Bleakley Financial Group LLC grew its position in shares of Columbia EM Core ex-China ETF by 8.7% during the fourth quarter. Bleakley Financial Group LLC now owns 143,787 shares of the company’s stock worth $4,256,000 after acquiring an additional 11,549 shares during the last quarter. B. Riley Wealth Advisors Inc. purchased a new stake in Columbia EM Core ex-China ETF during the third quarter worth about $424,000. New England Capital Financial Advisors LLC grew its holdings in shares of Columbia EM Core ex-China ETF by 7.0% in the 4th quarter. New England Capital Financial Advisors LLC now owns 95,525 shares of the company’s stock worth $2,828,000 after acquiring an additional 6,212 shares during the period. Legacy Financial Advisors Inc. grew its holdings in Columbia EM Core ex-China ETF by 13.3% in the fourth quarter. Legacy Financial Advisors Inc. now owns 11,220 shares of the company’s stock valued at $332,000 after purchasing an additional 1,314 shares during the last quarter. Finally, Brand Asset Management Group Inc. grew its stake in Columbia EM Core ex-China ETF by 7.8% in the 4th quarter. Brand Asset Management Group Inc. now owns 21,904 shares of the company’s stock valued at $648,000 after acquiring an additional 1,576 shares during the last quarter.

Columbia EM Core ex-China ETF Price Performance

Shares of XCEM opened at $30.24 on Wednesday. The firm has a 50 day simple moving average of $29.41 and a 200-day simple moving average of $30.37. The stock has a market cap of $1.11 billion, a price-to-earnings ratio of 13.05 and a beta of 0.82. Columbia EM Core ex-China ETF has a 1-year low of $26.44 and a 1-year high of $33.90.

About Columbia EM Core ex-China ETF

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.