DAVENPORT & Co LLC Boosts Holdings in Columbia Research Enhanced Core ETF $RECS

DAVENPORT & Co LLC grew its stake in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 23.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 162,369 shares of the company’s stock after purchasing an additional 31,345 shares during the period. DAVENPORT & Co LLC owned approximately 0.16% of Columbia Research Enhanced Core ETF worth $6,552,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Jane Street Group LLC lifted its holdings in Columbia Research Enhanced Core ETF by 49,303.3% in the second 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 during the period. Ameriprise Financial Inc. raised its position 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 worth $476,940,000 after acquiring an additional 2,368,065 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of Columbia Research Enhanced Core ETF by 77.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 2,517,266 shares of the company’s stock valued at $92,610,000 after purchasing an additional 1,097,173 shares during the period. Mason & Associates Inc purchased a new position in shares of Columbia Research Enhanced Core ETF in the 2nd quarter valued at approximately $37,866,000. Finally, Heck Capital Advisors LLC bought a new stake in shares of Columbia Research Enhanced Core ETF during the second quarter valued at approximately $16,994,000.

Columbia Research Enhanced Core ETF Trading Up 0.2%

RECS opened at $41.31 on Friday. The stock has a fifty day simple moving average of $40.80 and a two-hundred day simple moving average of $39.16. The company has a market cap of $4.30 billion, a price-to-earnings ratio of 22.01 and a beta of 0.95. Columbia Research Enhanced Core ETF has a 12-month low of $28.64 and a 12-month high of $41.81.

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.