Columbia EM Core ex-China ETF (NYSEARCA:XCEM) Shares Cross Below 200 Day Moving Average – What’s Next?

Shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $47.42 and traded as low as $46.77. Columbia EM Core ex-China ETF shares last traded at $47.33, with a volume of 186,721 shares.

Columbia EM Core ex-China ETF Stock Up 1.8%

The stock has a market capitalization of $2.04 billion, a price-to-earnings ratio of 14.14 and a beta of 0.91. The company has a 50 day simple moving average of $50.81 and a 200-day simple moving average of $47.54.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE grew its holdings in Columbia EM Core ex-China ETF by 10.2% in the first quarter. Bank of America Corp DE now owns 3,427,623 shares of the company’s stock worth $139,881,000 after purchasing an additional 318,012 shares during the period. Hennion & Walsh Asset Management Inc. raised its holdings in shares of Columbia EM Core ex-China ETF by 5.1% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 1,008,740 shares of the company’s stock valued at $53,342,000 after purchasing an additional 48,898 shares during the period. Planning Alternatives Ltd. ADV raised its holdings in shares of Columbia EM Core ex-China ETF by 18.7% during the first quarter. Planning Alternatives Ltd. ADV now owns 385,033 shares of the company’s stock valued at $15,713,000 after purchasing an additional 60,636 shares during the period. D.A. Davidson & CO. boosted its position in shares of Columbia EM Core ex-China ETF by 152.2% during the 3rd quarter. D.A. Davidson & CO. now owns 271,527 shares of the company’s stock worth $13,959,000 after purchasing an additional 163,879 shares in the last quarter. Finally, Sanctuary Advisors LLC boosted its position in shares of Columbia EM Core ex-China ETF by 750.5% during the 1st quarter. Sanctuary Advisors LLC now owns 254,590 shares of the company’s stock worth $10,390,000 after purchasing an additional 224,655 shares in 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.