Miracle Mile Advisors LLC Invests $2.41 Million in Columbia EM Core ex-China ETF (NYSEARCA:XCEM)

Miracle Mile Advisors LLC bought a new stake in shares of Columbia EM Core ex-China ETF (NYSEARCA:XCEM) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 81,464 shares of the company’s stock, valued at approximately $2,411,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. McClarren Financial Advisors Inc. raised its holdings in Columbia EM Core ex-China ETF by 4,338.7% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 1,376 shares of the company’s stock worth $44,000 after purchasing an additional 1,345 shares in the last quarter. Westside Investment Management Inc. bought a new position in Columbia EM Core ex-China ETF in the third quarter worth about $69,000. FMR LLC lifted its holdings in Columbia EM Core ex-China ETF by 275.3% in the third quarter. FMR LLC now owns 4,384 shares of the company’s stock worth $143,000 after buying an additional 3,216 shares during the period. MKT Advisors LLC boosted its position in Columbia EM Core ex-China ETF by 38.1% during the 3rd quarter. MKT Advisors LLC now owns 10,354 shares of the company’s stock valued at $337,000 after acquiring an additional 2,857 shares in the last quarter. Finally, LaFleur & Godfrey LLC grew its holdings in shares of Columbia EM Core ex-China ETF by 4.1% during the 3rd quarter. LaFleur & Godfrey LLC now owns 11,827 shares of the company’s stock worth $386,000 after acquiring an additional 471 shares during the period.

Columbia EM Core ex-China ETF Stock Performance

Shares of NYSEARCA:XCEM opened at $29.27 on Tuesday. Columbia EM Core ex-China ETF has a 52-week low of $28.52 and a 52-week high of $33.90. The firm has a market capitalization of $954.20 million, a P/E ratio of 12.28 and a beta of 0.86. The stock has a 50 day moving average price of $30.81 and a 200-day moving average price of $31.80.

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.