Fortis Capital Advisors LLC Invests $1.54 Million in Columbia EM Core ex-China ETF $XCEM

Fortis Capital Advisors LLC purchased a new position in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 45,048 shares of the company’s stock, valued at approximately $1,540,000.

Other hedge funds have also recently made changes to their positions in the company. Ameritas Advisory Services LLC purchased a new position in Columbia EM Core ex-China ETF in the 2nd quarter worth approximately $45,000. Golden State Wealth Management LLC raised its holdings in Columbia EM Core ex-China ETF by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 1,632 shares of the company’s stock worth $48,000 after acquiring an additional 816 shares during the last quarter. Pinnacle Bancorp Inc. purchased a new position in Columbia EM Core ex-China ETF in the 1st quarter worth approximately $54,000. Greykasell Wealth Strategies Inc. purchased a new position in Columbia EM Core ex-China ETF in the 1st quarter worth approximately $66,000. Finally, Armstrong Advisory Group Inc. purchased a new position in Columbia EM Core ex-China ETF in the 2nd quarter worth approximately $87,000.

Columbia EM Core ex-China ETF Stock Up 0.8%

Shares of NYSEARCA XCEM opened at $37.00 on Friday. Columbia EM Core ex-China ETF has a twelve month low of $26.44 and a twelve month high of $37.13. The firm has a market cap of $1.27 billion, a P/E ratio of 14.14 and a beta of 0.91. The company has a 50 day moving average of $35.19 and a 200 day moving average of $32.90.

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.