Whitaker Myers Wealth Managers LTD. Invests $5.66 Million in Columbia Research Enhanced Core ETF $RECS

Whitaker Myers Wealth Managers LTD. bought a new position in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 140,254 shares of the company’s stock, valued at approximately $5,659,000. Columbia Research Enhanced Core ETF accounts for about 1.2% of Whitaker Myers Wealth Managers LTD.’s portfolio, making the stock its 18th largest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in RECS. Jane Street Group LLC lifted its position in Columbia Research Enhanced Core ETF by 49,303.3% during the 2nd quarter. Jane Street Group LLC now owns 16,658,312 shares of the company’s stock worth $612,859,000 after buying an additional 16,624,593 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Columbia Research Enhanced Core ETF by 22.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 12,963,845 shares of the company’s stock valued at $476,940,000 after acquiring an additional 2,368,065 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of Columbia Research Enhanced Core ETF by 15.3% in the 2nd quarter. Raymond James Financial Inc. now owns 3,167,950 shares of the company’s stock valued at $116,549,000 after acquiring an additional 419,812 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of Columbia Research Enhanced Core ETF by 77.3% in the second quarter. Commonwealth Equity Services LLC now owns 2,517,266 shares of the company’s stock valued at $92,610,000 after acquiring an additional 1,097,173 shares during the last quarter. Finally, Gradient Investments LLC raised its holdings in Columbia Research Enhanced Core ETF by 5.2% during the third quarter. Gradient Investments LLC now owns 2,138,180 shares of the company’s stock worth $86,276,000 after acquiring an additional 106,454 shares in the last quarter.

Columbia Research Enhanced Core ETF Stock Performance

Shares of NYSEARCA RECS opened at $41.31 on Friday. The stock has a 50 day moving average price of $40.80 and a 200 day moving average price of $39.16. Columbia Research Enhanced Core ETF has a 52 week low of $28.64 and a 52 week high of $41.81. The stock has a market capitalization of $4.30 billion, a PE ratio of 22.01 and a beta of 0.95.

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.