Ameritas Advisory Services LLC Purchases 219,700 Shares of Columbia Research Enhanced Core ETF $RECS

Ameritas Advisory Services LLC increased its position in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 310.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 290,520 shares of the company’s stock after buying an additional 219,700 shares during the period. Columbia Research Enhanced Core ETF accounts for about 0.8% of Ameritas Advisory Services LLC’s investment portfolio, making the stock its 27th biggest position. Ameritas Advisory Services LLC owned about 0.28% of Columbia Research Enhanced Core ETF worth $11,722,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in RECS. Archer Investment Corp bought a new stake in Columbia Research Enhanced Core ETF in the 3rd quarter worth approximately $26,000. Root Financial Partners LLC purchased a new position in shares of Columbia Research Enhanced Core ETF in the third quarter valued at $39,000. Trust Co. of Vermont purchased a new position in shares of Columbia Research Enhanced Core ETF in the third quarter valued at $60,000. Allworth Financial LP increased its position in Columbia Research Enhanced Core ETF by 38.4% in the second quarter. Allworth Financial LP now owns 1,961 shares of the company’s stock worth $72,000 after purchasing an additional 544 shares during the last quarter. Finally, Tripletail Wealth Management LLC bought a new stake in Columbia Research Enhanced Core ETF in the third quarter worth $126,000.

Columbia Research Enhanced Core ETF Stock Down 2.0%

RECS stock opened at $40.48 on Friday. Columbia Research Enhanced Core ETF has a 52 week low of $28.64 and a 52 week high of $41.81. The company has a fifty day simple moving average of $41.19 and a two-hundred day simple moving average of $40.25. The firm has a market capitalization of $4.97 billion, a P/E ratio of 22.01 and a beta of 0.95.

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.