Stonebrook Private Inc. Purchases New Stake in Columbia EM Core ex-China ETF (NYSEARCA:XCEM)

Stonebrook Private Inc. purchased a new stake in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 30,991 shares of the company’s stock, valued at approximately $917,000.

Several other hedge funds have also added to or reduced their stakes in XCEM. Bank of America Corp DE boosted its holdings in Columbia EM Core ex-China ETF by 5.3% during the fourth quarter. Bank of America Corp DE now owns 3,958,602 shares of the company’s stock worth $117,175,000 after buying an additional 200,261 shares during the last quarter. LPL Financial LLC boosted its holdings in Columbia EM Core ex-China ETF by 4.8% during the fourth quarter. LPL Financial LLC now owns 1,486,080 shares of the company’s stock worth $43,988,000 after buying an additional 67,896 shares during the last quarter. Raymond James Financial Inc. bought a new position in Columbia EM Core ex-China ETF during the fourth quarter worth about $23,334,000. Prism Advisors Inc. boosted its holdings in Columbia EM Core ex-China ETF by 1.9% during the fourth quarter. Prism Advisors Inc. now owns 776,007 shares of the company’s stock worth $22,970,000 after buying an additional 14,375 shares during the last quarter. Finally, MA Private Wealth boosted its holdings in Columbia EM Core ex-China ETF by 0.6% during the fourth quarter. MA Private Wealth now owns 774,158 shares of the company’s stock worth $22,915,000 after buying an additional 4,781 shares during the last quarter.

Columbia EM Core ex-China ETF Trading Down 0.0%

Shares of XCEM opened at $32.14 on Friday. Columbia EM Core ex-China ETF has a 1 year low of $26.44 and a 1 year high of $33.90. The stock has a market cap of $1.19 billion, a P/E ratio of 14.06 and a beta of 0.82. The stock’s 50-day moving average price is $29.81 and its two-hundred day moving average price is $30.27.

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.