B. Riley Wealth Advisors Inc. Invests $1.16 Million in Columbia Research Enhanced Core ETF $RECS

B. Riley Wealth Advisors Inc. purchased a new position in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 31,536 shares of the company’s stock, valued at approximately $1,160,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Jane Street Group LLC lifted its position in shares of Columbia Research Enhanced Core ETF by 49,303.3% during the second quarter. Jane Street Group LLC now owns 16,658,312 shares of the company’s stock worth $612,859,000 after purchasing an additional 16,624,593 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Columbia Research Enhanced Core ETF by 22.3% in the second quarter. Ameriprise Financial Inc. now owns 12,963,845 shares of the company’s stock valued at $476,940,000 after purchasing an additional 2,368,065 shares in the last quarter. Raymond James Financial Inc. raised its position in 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 worth $116,549,000 after purchasing an additional 419,812 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in Columbia Research Enhanced Core ETF by 77.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 2,517,266 shares of the company’s stock worth $92,610,000 after buying an additional 1,097,173 shares in the last quarter. Finally, Gradient Investments LLC lifted its holdings in Columbia Research Enhanced Core ETF by 1.2% during the 2nd quarter. Gradient Investments LLC now owns 2,031,726 shares of the company’s stock worth $74,747,000 after buying an additional 23,591 shares in the last quarter.

Columbia Research Enhanced Core ETF Stock Performance

NYSEARCA RECS opened at $41.33 on Tuesday. The stock has a market capitalization of $4.30 billion, a P/E ratio of 22.01 and a beta of 0.95. 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 fifty day moving average of $40.64 and a 200-day moving average of $38.88.

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.