Columbia Research Enhanced Core ETF (NYSEARCA:RECS) Reaches New 52-Week Low – Here’s What Happened

Columbia Research Enhanced Core ETF (NYSEARCA:RECS) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $28.64 and last traded at $28.67, with a volume of 142857 shares trading hands. The stock had previously closed at $30.00.

Columbia Research Enhanced Core ETF Stock Down 0.1 %

The company has a market capitalization of $1.96 billion, a PE ratio of 22.16 and a beta of 0.93. The company’s 50 day moving average is $34.49 and its two-hundred day moving average is $34.81.

Hedge Funds Weigh In On Columbia Research Enhanced Core ETF

Large investors have recently made changes to their positions in the company. Graney & King LLC bought a new position in Columbia Research Enhanced Core ETF in the 4th quarter valued at $35,000. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Columbia Research Enhanced Core ETF during the fourth quarter valued at $37,000. US Bancorp DE purchased a new stake in shares of Columbia Research Enhanced Core ETF during the fourth quarter valued at $42,000. Comerica Bank grew its holdings in shares of Columbia Research Enhanced Core ETF by 47.4% in the fourth quarter. Comerica Bank now owns 1,506 shares of the company’s stock worth $52,000 after purchasing an additional 484 shares during the last quarter. Finally, Ameriflex Group Inc. purchased a new position in Columbia Research Enhanced Core ETF in the 4th quarter worth about $68,000.

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.