2,437,856 Shares of Columbia Research Enhanced Core ETF $RECS Bought by Gradient Investments LLC

Gradient Investments LLC acquired a new stake in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) in the 3rd quarter, Holdings Channel reports. The firm acquired 2,437,856 shares of the company’s stock, valued at approximately $109,923,000. Columbia Research Enhanced Core ETF makes up 1.6% of Gradient Investments LLC’s holdings, making the stock its 10th biggest position.

A number of other institutional investors and hedge funds have also made changes to their positions in RECS. Retirement Planning Group LLC NY lifted its stake in Columbia Research Enhanced Core ETF by 18.9% in the first quarter. Retirement Planning Group LLC NY now owns 145,349 shares of the company’s stock worth $5,666,000 after acquiring an additional 23,094 shares during the last quarter. Kestra Private Wealth Services LLC grew its holdings in Columbia Research Enhanced Core ETF by 10.3% during the 1st quarter. Kestra Private Wealth Services LLC now owns 417,569 shares of the company’s stock worth $16,277,000 after acquiring an additional 38,871 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of Columbia Research Enhanced Core ETF by 311.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 125,153 shares of the company’s stock valued at $4,878,000 after purchasing an additional 94,765 shares during the last quarter. Centaurus Financial Inc. raised its holdings in shares of Columbia Research Enhanced Core ETF by 16.7% in the 1st quarter. Centaurus Financial Inc. now owns 470,217 shares of the company’s stock valued at $18,329,000 after purchasing an additional 67,189 shares in the last quarter. Finally, Dagco Inc. raised its holdings in shares of Columbia Research Enhanced Core ETF by 40.6% in the 2nd quarter. Dagco Inc. now owns 180,123 shares of the company’s stock valued at $7,796,000 after purchasing an additional 52,017 shares in the last quarter.

Columbia Research Enhanced Core ETF Price Performance

Shares of Columbia Research Enhanced Core ETF stock traded down $0.18 during trading on Thursday, hitting $45.52. 308,829 shares of the stock were exchanged, compared to its average volume of 565,174. The firm’s 50-day moving average price is $45.23 and its 200 day moving average price is $43.42. The stock has a market cap of $6.13 billion, a price-to-earnings ratio of 22.01 and a beta of 0.92. Columbia Research Enhanced Core ETF has a 12-month low of $37.79 and a 12-month high of $46.03.

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.