New England Capital Financial Advisors LLC Grows Stock Holdings in Columbia EM Core ex-China ETF (NYSEARCA:XCEM)

New England Capital Financial Advisors LLC raised its stake in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 7.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 95,525 shares of the company’s stock after buying an additional 6,212 shares during the quarter. Columbia EM Core ex-China ETF makes up approximately 1.4% of New England Capital Financial Advisors LLC’s portfolio, making the stock its 16th biggest holding. New England Capital Financial Advisors LLC’s holdings in Columbia EM Core ex-China ETF were worth $2,828,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of XCEM. Wingate Wealth Advisors Inc. acquired a new stake in shares of Columbia EM Core ex-China ETF in the 4th quarter worth approximately $28,000. Westside Investment Management Inc. purchased a new stake in Columbia EM Core ex-China ETF during the third quarter worth $69,000. FMR LLC boosted its position in Columbia EM Core ex-China ETF by 275.3% during the third quarter. FMR LLC now owns 4,384 shares of the company’s stock worth $143,000 after purchasing an additional 3,216 shares in the last quarter. Avior Wealth Management LLC grew its holdings in Columbia EM Core ex-China ETF by 25.3% in the fourth quarter. Avior Wealth Management LLC now owns 6,414 shares of the company’s stock valued at $190,000 after purchasing an additional 1,294 shares during the last quarter. Finally, Principal Securities Inc. increased its position in shares of Columbia EM Core ex-China ETF by 46.8% in the fourth quarter. Principal Securities Inc. now owns 7,138 shares of the company’s stock valued at $211,000 after buying an additional 2,276 shares in the last quarter.

Columbia EM Core ex-China ETF Trading Down 0.9 %

Shares of XCEM opened at $30.44 on Friday. Columbia EM Core ex-China ETF has a 12-month low of $29.10 and a 12-month high of $33.90. The stock has a market cap of $992.34 million, a P/E ratio of 12.28 and a beta of 0.86. The company has a 50-day moving average of $30.12 and a two-hundred day moving average of $31.39.

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.