Janney Montgomery Scott LLC Grows Position in Columbia Research Enhanced Core ETF $RECS

Janney Montgomery Scott LLC boosted its position in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 51.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,761 shares of the company’s stock after purchasing an additional 6,359 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Columbia Research Enhanced Core ETF were worth $690,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Larson Financial Group LLC bought a new position in Columbia Research Enhanced Core ETF in the first quarter worth about $126,000. Comerica Bank raised its holdings in Columbia Research Enhanced Core ETF by 327.2% in the first quarter. Comerica Bank now owns 6,434 shares of the company’s stock worth $214,000 after purchasing an additional 4,928 shares in the last quarter. Bison Wealth LLC bought a new position in Columbia Research Enhanced Core ETF in the fourth quarter worth about $237,000. Perigon Wealth Management LLC raised its holdings in Columbia Research Enhanced Core ETF by 10.6% in the second quarter. Perigon Wealth Management LLC now owns 6,927 shares of the company’s stock worth $255,000 after purchasing an additional 666 shares in the last quarter. Finally, Harbour Investments Inc. raised its holdings in Columbia Research Enhanced Core ETF by 239.7% in the first quarter. Harbour Investments Inc. now owns 7,250 shares of the company’s stock worth $241,000 after purchasing an additional 5,116 shares in the last quarter.

Columbia Research Enhanced Core ETF Stock Performance

Shares of Columbia Research Enhanced Core ETF stock opened at $40.02 on Thursday. The company has a market capitalization of $3.97 billion, a PE ratio of 22.01 and a beta of 0.99. The company has a 50-day simple moving average of $39.44 and a two-hundred day simple moving average of $36.42. Columbia Research Enhanced Core ETF has a one year low of $28.64 and a one year high of $40.69.

About Columbia Research Enhanced Core ETF

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.