Flaharty Asset Management LLC Cuts Position in Columbia EM Core ex-China ETF $XCEM

Flaharty Asset Management LLC lowered its holdings in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 3.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 772,465 shares of the company’s stock after selling 26,643 shares during the period. Columbia EM Core ex-China ETF comprises about 3.7% of Flaharty Asset Management LLC’s portfolio, making the stock its 8th largest holding. Flaharty Asset Management LLC owned 2.18% of Columbia EM Core ex-China ETF worth $29,632,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Battery Global Advisors LLC bought a new stake in Columbia EM Core ex-China ETF during the 3rd quarter worth about $45,000. Allworth Financial LP increased its position in shares of Columbia EM Core ex-China ETF by 76.7% in the fourth quarter. Allworth Financial LP now owns 2,234 shares of the company’s stock valued at $86,000 after acquiring an additional 970 shares during the last quarter. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Columbia EM Core ex-China ETF in the third quarter valued at about $106,000. Sunbelt Securities Inc. bought a new stake in Columbia EM Core ex-China ETF during the third quarter worth about $116,000. Finally, EverSource Wealth Advisors LLC bought a new stake in Columbia EM Core ex-China ETF during the second quarter worth about $129,000.

Columbia EM Core ex-China ETF Stock Up 2.3%

XCEM stock opened at $48.80 on Thursday. The business has a 50 day moving average price of $44.59 and a two-hundred day moving average price of $41.75. The company has a market cap of $1.83 billion, a price-to-earnings ratio of 14.14 and a beta of 0.87. Columbia EM Core ex-China ETF has a twelve month low of $31.62 and a twelve month high of $50.65.

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.