Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON) Shares Up 0.7% – Here’s What Happened

Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON) shares rose 0.7% during trading on Friday . The stock traded as high as $20.90 and last traded at $20.83. Approximately 7,236 shares were traded during mid-day trading, a decline of 58% from the average daily volume of 17,194 shares. The stock had previously closed at $20.69.

Columbia Emerging Markets Consumer ETF Trading Up 0.7 %

The stock has a market cap of $60.41 million, a P/E ratio of 25.23 and a beta of 0.74. The firm’s fifty day moving average is $21.11 and its 200 day moving average is $21.37.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Columbia Emerging Markets Consumer ETF stock. Jane Street Group LLC raised its stake in shares of Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON) by 61.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 68,376 shares of the company’s stock after purchasing an additional 25,949 shares during the quarter. Jane Street Group LLC owned 2.36% of Columbia Emerging Markets Consumer ETF worth $1,542,000 as of its most recent filing with the SEC.

Columbia Emerging Markets Consumer ETF Company Profile

The Columbia Emerging Markets Consumer ETF (ECON) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of 60 emerging-market companies in consumer-oriented sectors. ECON was launched on Sep 14, 2010 and is managed by Columbia.