Harbour Investments Inc. Raises Stock Position in Columbia Research Enhanced Core ETF $RECS

Harbour Investments Inc. raised its stake in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 13.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,201 shares of the company’s stock after buying an additional 951 shares during the period. Harbour Investments Inc.’s holdings in Columbia Research Enhanced Core ETF were worth $302,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in RECS. Ameriprise Financial Inc. grew its position in shares of Columbia Research Enhanced Core ETF by 519.4% in the first quarter. Ameriprise Financial Inc. now owns 10,595,780 shares of the company’s stock valued at $351,885,000 after purchasing an additional 8,885,095 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of Columbia Research Enhanced Core ETF by 73.6% in the first quarter. Raymond James Financial Inc. now owns 2,748,138 shares of the company’s stock valued at $91,266,000 after purchasing an additional 1,164,853 shares during the last quarter. LPL Financial LLC grew its position in shares of Columbia Research Enhanced Core ETF by 11.0% in the first quarter. LPL Financial LLC now owns 8,987,115 shares of the company’s stock valued at $298,462,000 after purchasing an additional 893,397 shares during the last quarter. Daymark Wealth Partners LLC acquired a new stake in shares of Columbia Research Enhanced Core ETF in the first quarter valued at approximately $20,972,000. Finally, Commonwealth Equity Services LLC grew its position in shares of Columbia Research Enhanced Core ETF by 57.7% in the first quarter. Commonwealth Equity Services LLC now owns 1,420,093 shares of the company’s stock valued at $47,161,000 after purchasing an additional 519,368 shares during the last quarter.

Columbia Research Enhanced Core ETF Price Performance

RECS stock opened at $40.55 on Wednesday. The company’s 50 day simple moving average is $39.59 and its 200-day simple moving average is $36.66. The firm has a market capitalization of $4.04 billion, a PE ratio of 22.01 and a beta of 0.99. Columbia Research Enhanced Core ETF has a 12 month low of $28.64 and a 12 month high of $40.69.

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.