Commonwealth Equity Services LLC Grows Stake in Columbia Research Enhanced Core ETF $RECS

Commonwealth Equity Services LLC lifted its stake in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 9.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,748,419 shares of the company’s stock after purchasing an additional 231,153 shares during the quarter. Commonwealth Equity Services LLC owned 2.76% of Columbia Research Enhanced Core ETF worth $110,899,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Trust Co. of Vermont purchased a new position in Columbia Research Enhanced Core ETF in the third quarter worth about $60,000. Allworth Financial LP increased its position in shares of Columbia Research Enhanced Core ETF by 38.4% during the second quarter. Allworth Financial LP now owns 1,961 shares of the company’s stock valued at $72,000 after acquiring an additional 544 shares in the last quarter. Tripletail Wealth Management LLC purchased a new position in Columbia Research Enhanced Core ETF in the 3rd quarter worth approximately $126,000. Private Trust Co. NA bought a new position in Columbia Research Enhanced Core ETF in the 2nd quarter valued at approximately $128,000. Finally, Graney & King LLC boosted its stake in Columbia Research Enhanced Core ETF by 444.7% during the 2nd quarter. Graney & King LLC now owns 5,447 shares of the company’s stock valued at $200,000 after purchasing an additional 4,447 shares during the last quarter.

Columbia Research Enhanced Core ETF Price Performance

RECS stock opened at $41.20 on Tuesday. The stock has a market capitalization of $4.79 billion, a P/E ratio of 22.01 and a beta of 0.95. Columbia Research Enhanced Core ETF has a 1-year low of $28.64 and a 1-year high of $41.81. The business has a fifty day moving average price of $40.88 and a 200-day moving average price of $39.48.

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.