RiverTree Advisors LLC Sells 37,547 Shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

RiverTree Advisors LLC reduced its stake in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 81.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,695 shares of the company’s stock after selling 37,547 shares during the period. RiverTree Advisors LLC’s holdings in Columbia Research Enhanced Core ETF were worth $289,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. LPL Financial LLC boosted its stake in shares of Columbia Research Enhanced Core ETF by 35.2% in the fourth quarter. LPL Financial LLC now owns 8,093,718 shares of the company’s stock valued at $280,205,000 after buying an additional 2,109,116 shares during the period. Bank of America Corp DE boosted its stake in shares of Columbia Research Enhanced Core ETF by 15.9% in the fourth quarter. Bank of America Corp DE now owns 3,543,209 shares of the company’s stock valued at $122,666,000 after buying an additional 485,031 shares during the period. Gradient Investments LLC bought a new stake in shares of Columbia Research Enhanced Core ETF in the first quarter valued at approximately $66,690,000. Raymond James Financial Inc. bought a new stake in shares of Columbia Research Enhanced Core ETF in the fourth quarter valued at approximately $54,813,000. Finally, Amplius Wealth Advisors LLC boosted its stake in shares of Columbia Research Enhanced Core ETF by 11.9% in the first quarter. Amplius Wealth Advisors LLC now owns 1,512,538 shares of the company’s stock valued at $50,234,000 after buying an additional 161,292 shares during the period.

Columbia Research Enhanced Core ETF Trading Down 1.3%

Shares of RECS stock opened at $35.34 on Monday. The stock has a market cap of $2.78 billion, a P/E ratio of 22.05 and a beta of 0.92. The stock has a 50 day simple moving average of $33.57 and a 200 day simple moving average of $34.36. Columbia Research Enhanced Core ETF has a 1 year low of $28.64 and a 1 year high of $36.60.

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.