Columbia EM Core ex-China ETF (NYSEARCA:XCEM) Shares Sold by Fortress Wealth Management Inc.

Fortress Wealth Management Inc. lessened its stake in shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 32.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 27,416 shares of the company’s stock after selling 13,133 shares during the period. Fortress Wealth Management Inc.’s holdings in Columbia EM Core ex-China ETF were worth $812,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sheridan Capital Management LLC boosted its stake in Columbia EM Core ex-China ETF by 2.4% during the 4th quarter. Sheridan Capital Management LLC now owns 37,491 shares of the company’s stock valued at $1,110,000 after purchasing an additional 865 shares in the last quarter. Prism Advisors Inc. lifted its holdings in shares of Columbia EM Core ex-China ETF by 1.9% in the fourth quarter. Prism Advisors Inc. now owns 776,007 shares of the company’s stock valued at $22,970,000 after buying an additional 14,375 shares during the period. Tennessee Valley Asset Management Partners boosted its stake in Columbia EM Core ex-China ETF by 3.8% during the fourth quarter. Tennessee Valley Asset Management Partners now owns 147,080 shares of the company’s stock valued at $4,354,000 after buying an additional 5,349 shares in the last quarter. MKT Advisors LLC grew its holdings in Columbia EM Core ex-China ETF by 14.5% during the fourth quarter. MKT Advisors LLC now owns 11,860 shares of the company’s stock worth $356,000 after acquiring an additional 1,506 shares during the period. Finally, ONE Advisory Partners LLC raised its position in Columbia EM Core ex-China ETF by 4.7% in the fourth quarter. ONE Advisory Partners LLC now owns 187,252 shares of the company’s stock worth $5,543,000 after acquiring an additional 8,479 shares in the last quarter.

Columbia EM Core ex-China ETF Trading Down 2.8 %

Shares of NYSEARCA XCEM opened at $29.66 on Tuesday. The firm has a 50-day moving average of $30.55 and a two-hundred day moving average of $31.65. The company has a market capitalization of $966.92 million, a price-to-earnings ratio of 12.28 and a beta of 0.86. Columbia EM Core ex-China ETF has a twelve month low of $29.10 and a twelve month 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.