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

Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON)’s share price rose 0.7% on Friday . The company traded as high as $20.90 and last traded at $20.83. Approximately 7,236 shares changed hands 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 Stock Performance

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 50-day moving average is $21.11 and its two-hundred day moving average is $21.37.

Institutional Investors Weigh In On Columbia Emerging Markets Consumer ETF

An institutional investor recently raised its position in Columbia Emerging Markets Consumer ETF stock. Jane Street Group LLC raised its position in Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON) by 61.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 68,376 shares of the company’s stock after purchasing an additional 25,949 shares during the period. Jane Street Group LLC owned approximately 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.