Fortress Wealth Management Inc. Reduces Position in Columbia EM Core ex-China ETF (NYSEARCA:XCEM)

Fortress Wealth Management Inc. decreased its holdings in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 32.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 27,416 shares of the company’s stock after selling 13,133 shares during the quarter. Fortress Wealth Management Inc. owned approximately 0.08% of Columbia EM Core ex-China ETF worth $812,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of XCEM. Northwestern Mutual Wealth Management Co. raised its position in shares of Columbia EM Core ex-China ETF by 17.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 548,032 shares of the company’s stock valued at $17,493,000 after purchasing an additional 82,747 shares in the last quarter. NewEdge Advisors LLC raised its holdings in Columbia EM Core ex-China ETF by 9.6% in the second quarter. NewEdge Advisors LLC now owns 36,669 shares of the company’s stock valued at $1,170,000 after acquiring an additional 3,218 shares in the last quarter. Cetera Investment Advisers boosted its stake in Columbia EM Core ex-China ETF by 7.9% during the 2nd quarter. Cetera Investment Advisers now owns 74,356 shares of the company’s stock valued at $2,373,000 after acquiring an additional 5,438 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in Columbia EM Core ex-China ETF during the 2nd quarter worth $11,337,000. Finally, Marotta Asset Management increased its position in shares of 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 during the last quarter.

Columbia EM Core ex-China ETF Stock Performance

Shares of Columbia EM Core ex-China ETF stock opened at $29.66 on Tuesday. The firm has a market cap of $966.92 million, a PE ratio of 12.28 and a beta of 0.86. Columbia EM Core ex-China ETF has a 1 year low of $29.10 and a 1 year high of $33.90. The firm’s 50-day simple moving average is $30.55 and its 200-day simple moving average is $31.65.

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.