Eastern Bank Boosts Stake in Columbia EM Core ex-China ETF (NYSEARCA:XCEM)

Eastern Bank boosted its stake in shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 0.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 463,473 shares of the company’s stock after buying an additional 3,464 shares during the period. Eastern Bank’s holdings in Columbia EM Core ex-China ETF were worth $15,142,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Telos Capital Management Inc. increased its position in shares of Columbia EM Core ex-China ETF by 7.2% in the 3rd quarter. Telos Capital Management Inc. now owns 18,284 shares of the company’s stock valued at $597,000 after acquiring an additional 1,225 shares during the period. Denver Wealth Management Inc. grew its position in Columbia EM Core ex-China ETF by 0.9% during the 3rd quarter. Denver Wealth Management Inc. now owns 45,268 shares of the company’s stock worth $1,479,000 after purchasing an additional 404 shares during the period. Koss Olinger Consulting LLC grew its position in Columbia EM Core ex-China ETF by 21.8% during the 3rd quarter. Koss Olinger Consulting LLC now owns 15,959 shares of the company’s stock worth $521,000 after purchasing an additional 2,859 shares during the period. McClarren Financial Advisors Inc. grew its position in Columbia EM Core ex-China ETF by 4,338.7% during the 3rd quarter. McClarren Financial Advisors Inc. now owns 1,376 shares of the company’s stock worth $44,000 after purchasing an additional 1,345 shares during the period. Finally, Raymond James & Associates grew its position in Columbia EM Core ex-China ETF by 6.4% during the 3rd quarter. Raymond James & Associates now owns 202,119 shares of the company’s stock worth $6,603,000 after purchasing an additional 12,075 shares during the period.

Columbia EM Core ex-China ETF Trading Down 0.5 %

XCEM traded down $0.16 during midday trading on Tuesday, hitting $32.38. 36,197 shares of the company were exchanged, compared to its average volume of 192,077. The company’s 50 day simple moving average is $32.51 and its 200 day simple moving average is $31.80. The firm has a market capitalization of $1.06 billion, a price-to-earnings ratio of 12.28 and a beta of 0.86. Columbia EM Core ex-China ETF has a 1-year low of $26.12 and a 1-year high of $33.90.

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.