Empirical Asset Management LLC Sells 36,402 Shares of Columbia Research Enhanced Core ETF $RECS

Empirical Asset Management LLC lessened its holdings in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 52.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,723 shares of the company’s stock after selling 36,402 shares during the quarter. Empirical Asset Management LLC’s holdings in Columbia Research Enhanced Core ETF were worth $1,320,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Archer Investment Corp acquired a new stake in shares of Columbia Research Enhanced Core ETF during the 3rd quarter valued at about $26,000. MAI Capital Management bought a new position in Columbia Research Enhanced Core ETF during the third quarter worth about $38,000. Root Financial Partners LLC bought a new position in Columbia Research Enhanced Core ETF during the third quarter worth about $39,000. Trust Co. of Vermont acquired a new stake in Columbia Research Enhanced Core ETF during the third quarter valued at approximately $60,000. Finally, Allworth Financial LP grew its stake in shares of Columbia Research Enhanced Core ETF by 38.4% in the 2nd quarter. Allworth Financial LP now owns 1,961 shares of the company’s stock valued at $72,000 after purchasing an additional 544 shares during the period.

Columbia Research Enhanced Core ETF Trading Up 0.8%

Shares of RECS opened at $40.96 on Wednesday. The stock has a 50 day simple moving average of $41.10 and a 200-day simple moving average of $40.45. The stock has a market cap of $5.03 billion, a PE 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.

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.