Miracle Mile Advisors LLC Sells 50,577 Shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM)

Miracle Mile Advisors LLC reduced its holdings in shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 62.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,887 shares of the company’s stock after selling 50,577 shares during the quarter. Miracle Mile Advisors LLC’s holdings in Columbia EM Core ex-China ETF were worth $912,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Raymond James Financial Inc. bought a new stake in Columbia EM Core ex-China ETF during the 4th quarter valued at $23,334,000. Cerity Partners LLC bought a new position in shares of Columbia EM Core ex-China ETF in the fourth quarter worth $14,269,000. Syon Capital LLC bought a new position in shares of Columbia EM Core ex-China ETF in the fourth quarter worth $12,097,000. Bank of America Corp DE grew its position in shares of Columbia EM Core ex-China ETF by 5.3% in the fourth quarter. Bank of America Corp DE now owns 3,958,602 shares of the company’s stock valued at $117,175,000 after purchasing an additional 200,261 shares in the last quarter. Finally, Focus Partners Wealth purchased a new position in shares of Columbia EM Core ex-China ETF in the fourth quarter valued at $5,345,000.

Columbia EM Core ex-China ETF Stock Performance

NYSEARCA:XCEM opened at $32.86 on Tuesday. The business’s fifty day moving average is $30.52 and its 200 day moving average is $30.34. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of 14.04 and a beta of 0.81. Columbia EM Core ex-China ETF has a 52-week low of $26.44 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.