Columbia Research Enhanced Emerging Economies ETF (ECON)
Columbia Research Enhanced Emerging Economies ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $34.79, up 1.68% on the session, giving a market capitalisation of $356.1M. Its beta of 1.12 implies it has historically moved more than the broad market.
ECON seeks to track an index of companies located in emerging market countries. The portfolio includes securities screened from its parent index, composed of large- and midcap securities with growth and value characteristics. Roughly 325 - 400 securities are selected through rules-based, strategic beta approach, which considers company quality, value, and catalyst factors. Weighting is based on free-float market-cap. Reconstitution is done semi-annually in May and November. Prior to Oct 19, 2016, the fund had a different name reflecting EGShares as issuer. Columbia acquired EGShares on Sep 1, 2016. Prior to Mar 18, 2019, ECON tracked a related index of 30 emerging-market consumer companies. Prior to Jun 28, 2024, the fund was named Columbia Emerging Markets Consumer ETF, and tracked the Dow Jones Emerging Markets Consumer Titans Index.
Columbia Research Enhanced Emerging Economies ETF is most often compared with the following Financial Services names: