Alerus Financial NA Sells 182,614 Shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM)

Alerus Financial NA reduced its position in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 95.1% in the third quarter, HoldingsChannel.com reports. The firm owned 9,439 shares of the company’s stock after selling 182,614 shares during the period. Alerus Financial NA’s holdings in Columbia EM Core ex-China ETF were worth $308,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. McClarren Financial Advisors Inc. grew its position in shares of Columbia EM Core ex-China ETF by 4,338.7% during the third 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 in the last quarter. FMR LLC grew its holdings in Columbia EM Core ex-China ETF by 275.3% during the 3rd quarter. FMR LLC now owns 4,384 shares of the company’s stock valued at $143,000 after buying an additional 3,216 shares in the last quarter. RAM Investment Partners LLC bought a new stake in shares of Columbia EM Core ex-China ETF during the second quarter valued at approximately $243,000. MKT Advisors LLC lifted its holdings in shares of Columbia EM Core ex-China ETF by 38.1% in the third quarter. MKT Advisors LLC now owns 10,354 shares of the company’s stock worth $337,000 after buying an additional 2,857 shares in the last quarter. Finally, LaFleur & Godfrey LLC boosted its position in shares of Columbia EM Core ex-China ETF by 48.4% during the second quarter. LaFleur & Godfrey LLC now owns 11,356 shares of the company’s stock worth $362,000 after acquiring an additional 3,702 shares during the last quarter.

Columbia EM Core ex-China ETF Stock Performance

XCEM opened at $31.06 on Monday. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 12.28 and a beta of 0.86. The company has a fifty day moving average of $32.06 and a 200 day moving average of $31.98. Columbia EM Core ex-China ETF has a fifty-two week low of $28.52 and a fifty-two week high of $33.90.

Columbia EM Core ex-China ETF Company 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.