Principal Securities Inc. Increases Stock Position in Columbia EM Core ex-China ETF (NYSEARCA:XCEM)

Principal Securities Inc. increased its position in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 46.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 7,138 shares of the company’s stock after buying an additional 2,276 shares during the period. Principal Securities Inc.’s holdings in Columbia EM Core ex-China ETF were worth $211,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. FMR LLC raised its stake in shares of Columbia EM Core ex-China ETF by 275.3% in the 3rd quarter. FMR LLC now owns 4,384 shares of the company’s stock valued at $143,000 after acquiring an additional 3,216 shares during the period. Raymond James & Associates increased its holdings in Columbia EM Core ex-China ETF by 6.4% in the 3rd quarter. Raymond James & Associates now owns 202,119 shares of the company’s stock valued at $6,603,000 after purchasing an additional 12,075 shares in the last quarter. Bleakley Financial Group LLC raised its position in Columbia EM Core ex-China ETF by 8.7% in the fourth quarter. Bleakley Financial Group LLC now owns 143,787 shares of the company’s stock valued at $4,256,000 after purchasing an additional 11,549 shares during the period. Petra Financial Advisors Inc. lifted its stake in shares of Columbia EM Core ex-China ETF by 1.8% during the third quarter. Petra Financial Advisors Inc. now owns 169,813 shares of the company’s stock worth $5,548,000 after purchasing an additional 2,946 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. purchased a new stake in shares of Columbia EM Core ex-China ETF in the third quarter worth about $424,000.

Columbia EM Core ex-China ETF Stock Performance

XCEM stock opened at $30.22 on Tuesday. The firm has a market cap of $985.17 million, a P/E ratio of 12.28 and a beta of 0.86. Columbia EM Core ex-China ETF has a 1 year low of $29.10 and a 1 year high of $33.90. The stock has a 50-day simple moving average of $30.12 and a 200-day simple moving average of $31.40.

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.