As of February 8, 2016, Columbia ETF Trust - Columbia Select Large Cap Value ETF has gone out of business. Columbia ETF Trust - Columbia Select Large Cap Value ETF is an exchange traded fund launched and managed by Columbia Management Investment Advisers, LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in value stocks of large-cap companies within the market capitalization range of the Russell 1000 Value Index. The fund employs a combination of fundamental and quantitative analysis with a bottom-up stock picking approach focusing on factors such as a low price-to-earnings and/or low price-to-book ratio, positive change in senior management, positive corporate restructuring, temporary setback in price due to factors that no longer exist or are ending, a positive shift in the company’s business cycle, and a catalyst for increase in the rate of the company’s earnings growth to create its portfolio. It benchmarks the performance of its portfolio against the Russell 1000 Value Index. The fund was formerly known as Columbia ETF Trust - Columbia Concentrated Large Cap Value Strategy Fund. Columbia ETF Trust - Columbia Select Large Cap Value ETF was formed on May 1, 2009 and is domiciled in the United States.