Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $21.42 and traded as low as $21.17. Columbia Emerging Markets Consumer ETF shares last traded at $21.19, with a volume of 41,351 shares traded.

Columbia Emerging Markets Consumer ETF Stock Down 0.0 %

The company has a market capitalization of $61.43 million, a PE ratio of 25.23 and a beta of 0.74. The company has a 50-day moving average price of $22.04 and a two-hundred day moving average price of $21.42.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Columbia Emerging Markets Consumer ETF stock. Jane Street Group LLC boosted its holdings in shares of Columbia Emerging Markets Consumer ETF (NYSEARCA:ECON) by 61.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 68,376 shares of the company’s stock after buying an additional 25,949 shares during the period. Jane Street Group LLC owned approximately 2.36% of Columbia Emerging Markets Consumer ETF worth $1,542,000 as of its most recent SEC filing.

About Columbia Emerging Markets Consumer ETF

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.