Columbia EM Core ex-China ETF (NYSEARCA:XCEM) Sets New 1-Year Low – Time to Sell?

Columbia EM Core ex-China ETF (NYSEARCA:XCEM)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as $29.06 and last traded at $29.18, with a volume of 25786 shares trading hands. The stock had previously closed at $29.18.

Columbia EM Core ex-China ETF Stock Performance

The company has a market cap of $1.07 billion, a P/E ratio of 12.63 and a beta of 0.93. The firm’s 50 day moving average price is $30.05 and its two-hundred day moving average price is $31.31.

Institutional Investors Weigh In On Columbia EM Core ex-China ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Wingate Wealth Advisors Inc. bought a new position in Columbia EM Core ex-China ETF during the fourth quarter valued at approximately $28,000. Graney & King LLC purchased a new position in Columbia EM Core ex-China ETF during the fourth quarter valued at $32,000. Westside Investment Management Inc. purchased a new position in Columbia EM Core ex-China ETF during the third quarter valued at $69,000. FMR LLC lifted its position in Columbia EM Core ex-China ETF by 275.3% during the third quarter. FMR LLC now owns 4,384 shares of the company’s stock valued at $143,000 after buying an additional 3,216 shares during the period. Finally, Avior Wealth Management LLC raised its position in shares of Columbia EM Core ex-China ETF by 25.3% in the 4th quarter. Avior Wealth Management LLC now owns 6,414 shares of the company’s stock worth $190,000 after purchasing an additional 1,294 shares during the last quarter.

Columbia EM Core ex-China ETF Company 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.