Three Cord True Wealth Management LLC Boosts Stake in Columbia Research Enhanced Core ETF $RECS

Three Cord True Wealth Management LLC grew its holdings in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 5.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 665,786 shares of the company’s stock after acquiring an additional 33,376 shares during the period. Columbia Research Enhanced Core ETF comprises about 14.4% of Three Cord True Wealth Management LLC’s investment portfolio, making the stock its biggest position. Three Cord True Wealth Management LLC owned about 0.52% of Columbia Research Enhanced Core ETF worth $25,952,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. PNC Financial Services Group Inc. purchased a new position in Columbia Research Enhanced Core ETF in the 4th quarter worth approximately $31,000. Mark Sheptoff Financial Planning LLC raised its position in shares of Columbia Research Enhanced Core ETF by 130.1% during the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 886 shares of the company’s stock valued at $36,000 after buying an additional 501 shares during the last quarter. MAI Capital Management purchased a new position in shares of Columbia Research Enhanced Core ETF in the third quarter worth $38,000. Eagle Bay Advisors LLC bought a new position in shares of Columbia Research Enhanced Core ETF during the fourth quarter worth $50,000. Finally, Flagship Harbor Advisors LLC bought a new position in shares of Columbia Research Enhanced Core ETF during the fourth quarter worth $59,000.

Columbia Research Enhanced Core ETF Stock Performance

RECS opened at $43.49 on Friday. The stock has a market capitalization of $5.79 billion, a price-to-earnings ratio of 22.01 and a beta of 0.93. The company has a fifty day moving average of $42.95 and a 200 day moving average of $41.46. Columbia Research Enhanced Core ETF has a fifty-two week low of $36.85 and a fifty-two week high of $44.04.

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.