Smith Shellnut Wilson LLC ADV Raises Stake in Columbia Research Enhanced Core ETF $RECS

Smith Shellnut Wilson LLC ADV raised its position in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 22.9% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 23,069 shares of the company’s stock after acquiring an additional 4,305 shares during the period. Smith Shellnut Wilson LLC ADV’s holdings in Columbia Research Enhanced Core ETF were worth $849,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Retirement Planning Group LLC NY lifted its stake in shares of Columbia Research Enhanced Core ETF by 41.3% in the 2nd quarter. Retirement Planning Group LLC NY now owns 90,043 shares of the company’s stock worth $3,313,000 after acquiring an additional 26,311 shares during the period. Bison Wealth LLC acquired a new stake in shares of Columbia Research Enhanced Core ETF in the 4th quarter worth $237,000. Thoroughbred Financial Services LLC acquired a new stake in shares of Columbia Research Enhanced Core ETF in the 1st quarter worth $873,000. Stratos Wealth Partners LTD. lifted its stake in shares of Columbia Research Enhanced Core ETF by 32.5% in the 1st quarter. Stratos Wealth Partners LTD. now owns 1,529,574 shares of the company’s stock worth $50,797,000 after acquiring an additional 375,240 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in shares of Columbia Research Enhanced Core ETF by 519.4% in the 1st quarter. Ameriprise Financial Inc. now owns 10,595,780 shares of the company’s stock worth $351,885,000 after acquiring an additional 8,885,095 shares during the period.

Columbia Research Enhanced Core ETF Stock Performance

RECS stock opened at $41.02 on Friday. Columbia Research Enhanced Core ETF has a one year low of $28.64 and a one year high of $41.64. The stock has a market capitalization of $4.25 billion, a PE ratio of 22.01 and a beta of 0.95. The company has a fifty day moving average of $39.92 and a 200-day moving average of $37.25.

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.