Columbia Research Enhanced Core ETF $RECS Shares Newly Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC acquired a new position in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 3,221,231 shares of the company’s stock, valued at approximately $145,245,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Root Financial Partners LLC acquired a new position in shares of Columbia Research Enhanced Core ETF in the 3rd quarter valued at about $1,768,000. ARQ Wealth Advisors LLC lifted its position in shares of Columbia Research Enhanced Core ETF by 4.3% in the third quarter. ARQ Wealth Advisors LLC now owns 488,661 shares of the company’s stock worth $22,034,000 after purchasing an additional 20,147 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Columbia Research Enhanced Core ETF by 14.8% in the second quarter. Envestnet Asset Management Inc. now owns 136,770 shares of the company’s stock worth $5,919,000 after purchasing an additional 17,651 shares in the last quarter. HB Wealth Management LLC acquired a new stake in shares of Columbia Research Enhanced Core ETF during the second quarter worth approximately $697,000. Finally, Dagco Inc. boosted its holdings in shares of Columbia Research Enhanced Core ETF by 40.6% during the second quarter. Dagco Inc. now owns 180,123 shares of the company’s stock worth $7,796,000 after purchasing an additional 52,017 shares during the period.

Columbia Research Enhanced Core ETF Stock Performance

RECS stock opened at $43.75 on Friday. The firm has a 50 day simple moving average of $45.37 and a 200 day simple moving average of $43.07. Columbia Research Enhanced Core ETF has a 52 week low of $37.79 and a 52 week high of $46.03. The stock has a market cap of $5.97 billion, a P/E ratio of 22.01 and a beta of 0.92.

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.