Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON) Stock Price Up 0.5% – Here’s Why

Columbia Research Enhanced Emerging Economies ETF (NYSEARCA:ECON – Get Free Report) traded up 0.5% during trading on Tuesday. The stock traded as high as $33.50 and last traded at $33.35. 23,603 shares were traded during trading, a decline of 25% from the average session volume of 31,577 shares. The stock had previously closed at $33.18.

Columbia Research Enhanced Emerging Economies ETF Stock Up 0.5%

The business has a 50 day moving average price of $35.30 and a 200 day moving average price of $34.44. The stock has a market cap of $296.81 million, a PE ratio of 12.92 and a beta of 0.56.

Institutional Investors Weigh In On Columbia Research Enhanced Emerging Economies ETF

A number of institutional investors have recently modified their holdings of ECON. Bank of America Corp DE grew its holdings in Columbia Research Enhanced Emerging Economies ETF by 5.8% in the first quarter. Bank of America Corp DE now owns 451,944 shares of the company’s stock valued at $12,989,000 after purchasing an additional 24,745 shares during the period. Corient Private Wealth LP acquired a new stake in shares of Columbia Research Enhanced Emerging Economies ETF in the second quarter valued at about $204,000. Integrated Wealth Concepts LLC purchased a new position in Columbia Research Enhanced Emerging Economies ETF in the 2nd quarter worth approximately $136,000. Finally, MCF Advisors LLC purchased a new position in Columbia Research Enhanced Emerging Economies ETF during the second quarter worth approximately $118,000.

About Columbia Research Enhanced Emerging Economies ETF

(Get Free Report)

The Columbia Emerging Markets Consumer ETF (ECON) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of 60 emerging-market companies in consumer-oriented sectors. ECON was launched on Sep 14, 2010 and is managed by Columbia.

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