Northwestern Mutual Wealth Management Co. Buys 82,747 Shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM)

Northwestern Mutual Wealth Management Co. boosted its stake in Columbia EM Core ex-China ETF (NYSEARCA:XCEM) by 17.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 548,032 shares of the company’s stock after acquiring an additional 82,747 shares during the period. Northwestern Mutual Wealth Management Co. owned 1.68% of Columbia EM Core ex-China ETF worth $17,493,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in XCEM. Thrivent Financial for Lutherans increased its holdings in Columbia EM Core ex-China ETF by 1.0% in the 2nd quarter. Thrivent Financial for Lutherans now owns 191,182 shares of the company’s stock worth $6,102,000 after buying an additional 1,968 shares in the last quarter. Total Clarity Wealth Management Inc. raised its holdings in Columbia EM Core ex-China ETF by 49.6% during the 2nd quarter. Total Clarity Wealth Management Inc. now owns 23,425 shares of the company’s stock valued at $748,000 after buying an additional 7,771 shares during the period. Tennessee Valley Asset Management Partners raised its holdings in Columbia EM Core ex-China ETF by 4.6% during the 2nd quarter. Tennessee Valley Asset Management Partners now owns 135,904 shares of the company’s stock valued at $4,338,000 after buying an additional 5,994 shares during the period. CoreCap Advisors LLC bought a new position in Columbia EM Core ex-China ETF in the 2nd quarter valued at $1,028,000. Finally, LPL Financial LLC grew its position in Columbia EM Core ex-China ETF by 25.6% in the 2nd quarter. LPL Financial LLC now owns 1,015,477 shares of the company’s stock valued at $32,414,000 after acquiring an additional 207,186 shares during the last quarter.

Columbia EM Core ex-China ETF Trading Down 1.9 %

Shares of XCEM opened at $32.67 on Tuesday. The stock has a fifty day moving average price of $32.24 and a 200-day moving average price of $31.63. Columbia EM Core ex-China ETF has a 12 month low of $26.12 and a 12 month high of $33.90. The firm has a market cap of $1.07 billion, a PE ratio of 12.28 and a beta of 0.86.

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.