Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON) Trading Down 0.5% – What’s Next?

Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON)’s stock price was down 0.5% on Thursday . The company traded as low as $22.19 and last traded at $22.24. Approximately 3,467 shares were traded during trading, a decline of 62% from the average daily volume of 9,090 shares. The stock had previously closed at $22.35.

Columbia Emerging Markets Consumer ETF Stock Performance

The stock’s 50 day moving average is $21.66 and its two-hundred day moving average is $21.18. The stock has a market capitalization of $64.48 million, a PE ratio of 25.23 and a beta of 0.74.

Institutional Trading of Columbia Emerging Markets Consumer ETF

An institutional investor recently raised its position in Columbia Emerging Markets Consumer ETF stock. Capital Advisors Ltd. LLC lifted its stake in shares of Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON) by 144.9% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 33,434 shares of the company’s stock after acquiring an additional 19,783 shares during the period. Capital Advisors Ltd. LLC owned 0.98% of Columbia Emerging Markets Consumer ETF worth $688,000 as of its most recent filing with the Securities & Exchange Commission.

Columbia Emerging Markets Consumer ETF Company Profile

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.