Sachetta LLC Lowers Stock Position in Columbia EM Core ex-China ETF (NYSEARCA:XCEM)

Sachetta LLC lessened its stake in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 18.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,221 shares of the company’s stock after selling 493 shares during the period. Sachetta LLC’s holdings in Columbia EM Core ex-China ETF were worth $71,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in XCEM. Fortress Wealth Management Inc. bought a new stake in Columbia EM Core ex-China ETF in the 4th quarter worth approximately $3,627,000. Kickstand Ventures LLC. boosted its stake in shares of Columbia EM Core ex-China ETF by 1,005.1% in the 4th quarter. Kickstand Ventures LLC. now owns 174,054 shares of the company’s stock valued at $5,269,000 after purchasing an additional 158,304 shares in the last quarter. Pine Valley Investments Ltd Liability Co grew its holdings in shares of Columbia EM Core ex-China ETF by 13.9% during the 4th quarter. Pine Valley Investments Ltd Liability Co now owns 141,562 shares of the company’s stock valued at $4,285,000 after purchasing an additional 17,323 shares during the last quarter. CWM LLC grew its holdings in shares of Columbia EM Core ex-China ETF by 1,356.5% during the 2nd quarter. CWM LLC now owns 63,664 shares of the company’s stock valued at $2,032,000 after purchasing an additional 59,293 shares during the last quarter. Finally, D.A. Davidson & CO. raised its position in Columbia EM Core ex-China ETF by 2.1% in the 4th quarter. D.A. Davidson & CO. now owns 82,279 shares of the company’s stock worth $2,491,000 after purchasing an additional 1,653 shares during the period.

Columbia EM Core ex-China ETF Stock Down 0.3 %

NYSEARCA XCEM opened at $31.68 on Wednesday. The company has a 50-day simple moving average of $32.26 and a two-hundred day simple moving average of $31.43. Columbia EM Core ex-China ETF has a 12-month low of $26.12 and a 12-month high of $33.41. The firm has a market cap of $1.03 billion, a price-to-earnings ratio of 12.28 and a beta of 0.86.

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.