CIBC Private Wealth Group LLC raised its stake in shares of Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON – Free Report) by 140.3% in the 4th quarter, Holdings Channel reports. The fund owned 23,094 shares of the company’s stock after acquiring an additional 13,483 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Columbia Emerging Markets Consumer ETF were worth $479,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently added to or reduced their stakes in ECON. HighTower Advisors LLC raised its position in Columbia Emerging Markets Consumer ETF by 8.5% during the 3rd quarter. HighTower Advisors LLC now owns 114,478 shares of the company’s stock worth $2,581,000 after buying an additional 8,997 shares during the last quarter. Jane Street Group LLC increased its stake in shares of Columbia Emerging Markets Consumer ETF by 61.2% during the third quarter. Jane Street Group LLC now owns 68,376 shares of the company’s stock worth $1,542,000 after acquiring an additional 25,949 shares during the period. Finally, LPL Financial LLC raised its holdings in Columbia Emerging Markets Consumer ETF by 22,846.8% during the fourth quarter. LPL Financial LLC now owns 2,103,072 shares of the company’s stock worth $43,634,000 after purchasing an additional 2,093,907 shares in the last quarter.
Columbia Emerging Markets Consumer ETF Trading Down 5.8 %
Shares of ECON stock opened at $20.21 on Friday. The stock has a 50 day simple moving average of $21.75 and a 200-day simple moving average of $21.63. The company has a market cap of $80.84 million, a price-to-earnings ratio of 13.43 and a beta of 0.49. Columbia Emerging Markets Consumer ETF has a 12-month low of $19.55 and a 12-month high of $23.13.
About Columbia Emerging Markets Consumer ETF
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.
Featured Stories
- Five stocks we like better than Columbia Emerging Markets Consumer ETF
- Market Cap Calculator: How to Calculate Market Cap
- Archer Aviation’s Africa Deal Could Boost ACHR Stock
- How to Start Investing in Real Estate
- Are Short Sellers Wrong About These 3 Semiconductor Stocks?
- What Are the FAANG Stocks and Are They Good Investments?
- Boeing Gets $50B in March Orders—Is BA Stock a Buy Now?
Want to see what other hedge funds are holding ECON? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON – Free Report).
Receive News & Ratings for Columbia Emerging Markets Consumer ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Columbia Emerging Markets Consumer ETF and related companies with MarketBeat.com's FREE daily email newsletter.
