Alerus Financial NA Lowers Stock Position in Columbia EM Core ex-China ETF (NYSEARCA:XCEM)

Alerus Financial NA cut its holdings in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 95.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,439 shares of the company’s stock after selling 182,614 shares during the quarter. Alerus Financial NA’s holdings in Columbia EM Core ex-China ETF were worth $308,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. LPL Financial LLC boosted its holdings in Columbia EM Core ex-China ETF by 25.6% in the second quarter. LPL Financial LLC now owns 1,015,477 shares of the company’s stock worth $32,414,000 after acquiring an additional 207,186 shares in the last quarter. Marotta Asset Management boosted its stake in Columbia EM Core ex-China ETF by 10.7% in the 3rd quarter. Marotta Asset Management now owns 868,104 shares of the company’s stock worth $28,361,000 after purchasing an additional 84,170 shares in the last quarter. MA Private Wealth grew its position in Columbia EM Core ex-China ETF by 50.4% during the 3rd quarter. MA Private Wealth now owns 769,377 shares of the company’s stock valued at $25,136,000 after purchasing an additional 257,718 shares during the last quarter. Prism Advisors Inc. increased its stake in Columbia EM Core ex-China ETF by 1.9% during the 2nd quarter. Prism Advisors Inc. now owns 765,407 shares of the company’s stock valued at $24,432,000 after purchasing an additional 14,221 shares in the last quarter. Finally, Richard P Slaughter Associates Inc increased its stake in Columbia EM Core ex-China ETF by 3.6% during the 3rd quarter. Richard P Slaughter Associates Inc now owns 669,037 shares of the company’s stock valued at $21,857,000 after purchasing an additional 23,231 shares in the last quarter.

Columbia EM Core ex-China ETF Stock Performance

Shares of NYSEARCA XCEM opened at $31.06 on Monday. The company has a market cap of $1.01 billion, a PE ratio of 12.28 and a beta of 0.86. The firm’s 50 day moving average price is $32.06 and its 200-day moving average price is $31.98. Columbia EM Core ex-China ETF has a 52-week low of $28.52 and a 52-week high of $33.90.

Columbia EM Core ex-China ETF 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.