From MarketBeat: Columbia EM Core ex-China ETF (NYSEARCA:XCEM) Shares Acquired by Keudell Morrison Wealth Management

From MarketBeat:



Keudell Morrison Wealth Management has increased its stake in shares of Columbia EM Core ex-China ETF by 460.2% in the 3rd quarter, according to its filing with the SEC. The institutional investor owned 54,388 shares of the company’s stock worth $1,491,000. Other changes in the company’s shares were also made by other institutional investors and hedge funds.

Trading of the ETF stock went up by 0.6% on Wednesday, reaching $30.19 and has a market capitalization of $301.90 million. The Columbia EM Core ex-China ETF mostly invests in total market equity and tracks a market-cap-weighted index that provides broad equity exposure to emerging markets excluding China.

Given the recent increase in the ETF stock, Keudell Morrison Wealth Management has significantly increased its stake in the shares. Other hedge funds are also making changes to their positions in the company.



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