Hennion & Walsh Asset Management Inc. Acquires 8,602 Shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM)

Hennion & Walsh Asset Management Inc. boosted its holdings in shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 1.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 584,221 shares of the company’s stock after purchasing an additional 8,602 shares during the period. Columbia EM Core ex-China ETF accounts for approximately 0.9% of Hennion & Walsh Asset Management Inc.’s portfolio, making the stock its 12th biggest position. Hennion & Walsh Asset Management Inc.’s holdings in Columbia EM Core ex-China ETF were worth $19,086,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in XCEM. McClarren Financial Advisors Inc. lifted its holdings in 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 acquiring an additional 1,345 shares in the last quarter. Smithfield Trust Co lifted its holdings in shares of Columbia EM Core ex-China ETF by 104.5% in the first quarter. Smithfield Trust Co now owns 4,500 shares of the company’s stock valued at $141,000 after purchasing an additional 2,300 shares in the last quarter. Mission Wealth Management LP bought a new stake in shares of Columbia EM Core ex-China ETF in the first quarter valued at about $240,000. RAM Investment Partners LLC bought a new stake in shares of Columbia EM Core ex-China ETF in the second quarter valued at about $243,000. Finally, 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 valued at $337,000 after purchasing an additional 2,857 shares in the last quarter.

Columbia EM Core ex-China ETF Price Performance

Shares of Columbia EM Core ex-China ETF stock opened at $32.15 on Thursday. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 12.28 and a beta of 0.86. The stock’s 50-day moving average is $32.52 and its 200-day moving average is $31.81. Columbia EM Core ex-China ETF has a one year low of $26.12 and a one 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.