Fulcrum Equity Management Takes $743,000 Position in Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Fulcrum Equity Management purchased a new stake in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) during the third quarter, Holdings Channel reports. The institutional investor purchased 21,921 shares of the company’s stock, valued at approximately $743,000.

Other large investors have also recently bought and sold shares of the company. LPL Financial LLC boosted its holdings in shares of Columbia Research Enhanced Core ETF by 51.3% during the third quarter. LPL Financial LLC now owns 5,984,602 shares of the company’s stock worth $202,938,000 after purchasing an additional 2,029,508 shares during the period. Stratos Investment Management LLC acquired a new stake in shares of Columbia Research Enhanced Core ETF during the 3rd quarter valued at $32,500,000. Spectrum Wealth Advisory Group LLC purchased a new position in shares of Columbia Research Enhanced Core ETF during the 3rd quarter valued at $27,611,000. Stratos Wealth Partners LTD. increased its stake in shares of Columbia Research Enhanced Core ETF by 90.9% in the third quarter. Stratos Wealth Partners LTD. now owns 1,132,623 shares of the company’s stock worth $38,407,000 after acquiring an additional 539,425 shares during the last quarter. Finally, Bensler LLC purchased a new stake in shares of Columbia Research Enhanced Core ETF during the second quarter worth $6,450,000.

Columbia Research Enhanced Core ETF Price Performance

RECS opened at $36.28 on Thursday. The company has a market capitalization of $627.64 million, a PE ratio of 21.72 and a beta of 0.96. Columbia Research Enhanced Core ETF has a fifty-two week low of $27.06 and a fifty-two week high of $36.60. The business has a 50-day moving average of $35.12 and a 200-day moving average of $33.42.

Columbia Research Enhanced Core ETF 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.