JPMorgan Chase & Co. Reduces Stock Position in Columbia EM Core ex-China ETF (NYSEARCA:XCEM)

JPMorgan Chase & Co. cut its holdings in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 54.8% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 315,902 shares of the company’s stock after selling 382,428 shares during the period. JPMorgan Chase & Co.’s holdings in Columbia EM Core ex-China ETF were worth $10,321,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of XCEM. FMR LLC lifted its stake in 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 worth $143,000 after purchasing an additional 3,216 shares in the last quarter. Raymond James & Associates raised its position in shares of Columbia EM Core ex-China ETF by 6.4% in the third quarter. Raymond James & Associates now owns 202,119 shares of the company’s stock worth $6,603,000 after buying an additional 12,075 shares in the last quarter. LPL Financial LLC raised its position in shares of Columbia EM Core ex-China ETF by 25.6% in the second quarter. LPL Financial LLC now owns 1,015,477 shares of the company’s stock worth $32,414,000 after buying an additional 207,186 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in Columbia EM Core ex-China ETF during the second quarter valued at $11,337,000. Finally, Breakwater Capital Group grew its position in Columbia EM Core ex-China ETF by 7.7% during the third quarter. Breakwater Capital Group now owns 199,751 shares of the company’s stock worth $6,526,000 after buying an additional 14,244 shares in the last quarter.

Columbia EM Core ex-China ETF Stock Down 1.3 %

NYSEARCA:XCEM opened at $29.54 on Monday. The stock has a market cap of $963.00 million, a P/E ratio of 12.28 and a beta of 0.86. The business’s 50-day moving average price is $30.86 and its two-hundred day moving average price is $31.82. Columbia EM Core ex-China ETF has a twelve month low of $28.52 and a twelve month 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.