Focus Financial Network Inc. Has $4.70 Million Stake in Columbia EM Core ex-China ETF $XCEM

by · The Markets Daily

Focus Financial Network Inc. lowered its position in Columbia EM Core ex-China ETF (NYSEARCA:XCEM – Free Report) by 10.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 88,955 shares of the company’s stock after selling 10,666 shares during the period. Focus Financial Network Inc. owned 0.22% of Columbia EM Core ex-China ETF worth $4,704,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE grew its position in Columbia EM Core ex-China ETF by 10.2% during the 1st quarter. Bank of America Corp DE now owns 3,427,623 shares of the company’s stock worth $139,881,000 after acquiring an additional 318,012 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Columbia EM Core ex-China ETF by 1.5% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,629,287 shares of the company’s stock valued at $59,192,000 after purchasing an additional 24,520 shares during the last quarter. Hennion & Walsh Asset Management Inc. raised its position in Columbia EM Core ex-China ETF by 5.1% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 1,008,740 shares of the company’s stock valued at $53,342,000 after purchasing an additional 48,898 shares during the last quarter. LPL Financial LLC boosted its stake in Columbia EM Core ex-China ETF by 4.0% in the fourth quarter. LPL Financial LLC now owns 999,763 shares of the company’s stock worth $38,351,000 after purchasing an additional 38,587 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its stake in Columbia EM Core ex-China ETF by 2.2% in the third quarter. Raymond James Financial Inc. now owns 875,559 shares of the company’s stock worth $31,809,000 after purchasing an additional 18,759 shares in the last quarter.

Columbia EM Core ex-China ETF Stock Performance

Shares of XCEM stock opened at $49.56 on Monday. The stock’s fifty day moving average is $50.42 and its 200-day moving average is $46.58. The stock has a market capitalization of $2.00 billion, a PE ratio of 14.14 and a beta of 0.91. Columbia EM Core ex-China ETF has a 52 week low of $33.90 and a 52 week high of $55.43.

About Columbia EM Core ex-China ETF

(Free Report)

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.

See Also