Northwestern Mutual Wealth Management Co. Has $55.51 Million Position in Columbia EM Core ex-China ETF $XCEM

Northwestern Mutual Wealth Management Co. lessened its stake in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 11.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 1,446,939 shares of the company’s stock after selling 182,348 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Columbia EM Core ex-China ETF were worth $55,505,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in XCEM. Royal Bank of Canada lifted its stake in shares of Columbia EM Core ex-China ETF by 3,953.0% in the first quarter. Royal Bank of Canada now owns 45,637 shares of the company’s stock valued at $1,348,000 after buying an additional 44,511 shares during the period. NewEdge Advisors LLC lifted its stake in shares of Columbia EM Core ex-China ETF by 4.2% in the first quarter. NewEdge Advisors LLC now owns 40,720 shares of the company’s stock valued at $1,203,000 after buying an additional 1,649 shares during the period. Goldman Sachs Group Inc. bought a new stake in shares of Columbia EM Core ex-China ETF in the first quarter valued at about $349,000. EverSource Wealth Advisors LLC bought a new stake in shares of Columbia EM Core ex-China ETF in the second quarter valued at about $129,000. Finally, Qube Research & Technologies Ltd lifted its stake in shares of Columbia EM Core ex-China ETF by 11.0% in the second quarter. Qube Research & Technologies Ltd now owns 7,942 shares of the company’s stock valued at $271,000 after buying an additional 785 shares during the period.

Columbia EM Core ex-China ETF Stock Performance

NYSEARCA XCEM opened at $52.43 on Friday. The firm has a 50-day simple moving average of $45.90 and a 200 day simple moving average of $42.34. Columbia EM Core ex-China ETF has a twelve month low of $31.62 and a twelve month high of $52.80. The stock has a market cap of $1.97 billion, a PE ratio of 14.14 and a beta of 0.87.

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.