Columbia Research Enhanced Core ETF (NYSEARCA:RECS) Sets New 12-Month High – Time to Buy?

Columbia Research Enhanced Core ETF (NYSEARCA:RECS) reached a new 52-week high on Wednesday . The stock traded as high as $44.61 and last traded at $44.61, with a volume of 46620 shares. The stock had previously closed at $44.45.

Columbia Research Enhanced Core ETF Trading Up 0.2%

The company has a 50 day moving average price of $43.33 and a 200-day moving average price of $41.67. The company has a market cap of $5.97 billion, a P/E ratio of 22.01 and a beta of 0.93.

Institutional Trading of Columbia Research Enhanced Core ETF

Large investors have recently bought and sold shares of the business. Jane Street Group LLC raised its stake in Columbia Research Enhanced Core ETF by 49,303.3% during the second quarter. Jane Street Group LLC now owns 16,658,312 shares of the company’s stock worth $612,859,000 after acquiring an additional 16,624,593 shares in the last quarter. LPL Financial LLC boosted its stake in shares of Columbia Research Enhanced Core ETF by 26.6% in the 4th quarter. LPL Financial LLC now owns 17,374,371 shares of the company’s stock valued at $709,569,000 after purchasing an additional 3,650,956 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Columbia Research Enhanced Core ETF by 22.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 12,963,845 shares of the company’s stock valued at $476,940,000 after purchasing an additional 2,368,065 shares during the last quarter. Osaic Holdings Inc. grew its holdings in shares of Columbia Research Enhanced Core ETF by 202.1% during the 4th quarter. Osaic Holdings Inc. now owns 2,773,915 shares of the company’s stock valued at $113,315,000 after purchasing an additional 1,855,582 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Columbia Research Enhanced Core ETF by 32.0% during the 3rd quarter. Bank of America Corp DE now owns 5,842,374 shares of the company’s stock valued at $235,740,000 after purchasing an additional 1,417,178 shares during the last quarter.

Columbia Research Enhanced Core ETF Company Profile

The Columbia Research Enhanced Core ETF (RECS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US stocks pulled from the Russell 1000. The index uses multifactor selection and market cap weighting. RECS was launched on Sep 25, 2019 and is managed by Columbia.