JPMorgan Chase & Co. Has $29.32 Million Stock Position in Columbia Research Enhanced Core ETF $RECS

JPMorgan Chase & Co. raised its position in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 5.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 726,737 shares of the company’s stock after purchasing an additional 40,811 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.70% of Columbia Research Enhanced Core ETF worth $29,324,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of RECS. Integrated Wealth Concepts LLC lifted its holdings in shares of Columbia Research Enhanced Core ETF by 7.5% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 6,354 shares of the company’s stock valued at $256,000 after buying an additional 442 shares during the last quarter. Archer Investment Corp acquired a new position in Columbia Research Enhanced Core ETF in the third quarter worth approximately $26,000. KPP Advisory Services LLC increased its holdings in Columbia Research Enhanced Core ETF by 1.6% in the third quarter. KPP Advisory Services LLC now owns 46,393 shares of the company’s stock worth $1,872,000 after buying an additional 715 shares during the last quarter. MAI Capital Management bought a new position in Columbia Research Enhanced Core ETF during the third quarter valued at approximately $38,000. Finally, Root Financial Partners LLC bought a new position in Columbia Research Enhanced Core ETF during the third quarter valued at approximately $39,000.

Columbia Research Enhanced Core ETF Stock Down 1.4%

NYSEARCA RECS opened at $38.64 on Monday. The stock has a market capitalization of $4.74 billion, a PE 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. The company has a 50 day moving average price of $40.74 and a two-hundred day moving average price of $40.61.

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.