Citigroup Inc. Raises Stake in Columbia Research Enhanced Core ETF $RECS

Citigroup Inc. lifted its stake in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 26.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 82,472 shares of the company’s stock after purchasing an additional 17,407 shares during the quarter. Citigroup Inc. owned about 0.08% of Columbia Research Enhanced Core ETF worth $3,328,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Bison Wealth LLC acquired a new position in Columbia Research Enhanced Core ETF during the fourth quarter worth about $237,000. Jane Street Group LLC purchased a new stake in shares of Columbia Research Enhanced Core ETF during the 1st quarter worth approximately $1,120,000. Envestnet Asset Management Inc. grew its holdings in shares of Columbia Research Enhanced Core ETF by 14.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 65,696 shares of the company’s stock worth $2,417,000 after acquiring an additional 8,317 shares during the period. Commonwealth Equity Services LLC increased its stake in 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 in the last quarter. Finally, Bensler LLC raised its holdings in Columbia Research Enhanced Core ETF by 3.7% during the second quarter. Bensler LLC now owns 227,616 shares of the company’s stock worth $8,374,000 after purchasing an additional 8,058 shares during the last quarter.

Columbia Research Enhanced Core ETF Stock Performance

Columbia Research Enhanced Core ETF stock opened at $40.63 on Friday. The firm has a market capitalization of $4.99 billion, a price-to-earnings ratio of 22.01 and a beta of 0.95. Columbia Research Enhanced Core ETF has a fifty-two week low of $28.64 and a fifty-two week high of $41.81. The stock’s fifty day moving average is $41.09 and its two-hundred day moving average is $40.53.

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.