Nations Financial Group Inc. IA ADV Purchases Shares of 12,800 Columbia Research Enhanced Core ETF $RECS

Nations Financial Group Inc. IA ADV acquired a new position in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 12,800 shares of the company’s stock, valued at approximately $523,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Archer Investment Corp purchased a new position in shares of Columbia Research Enhanced Core ETF during the third quarter worth approximately $26,000. MAI Capital Management purchased a new stake in Columbia Research Enhanced Core ETF during the third quarter valued at about $38,000. Root Financial Partners LLC purchased a new stake in Columbia Research Enhanced Core ETF during the third quarter valued at about $39,000. Eagle Bay Advisors LLC bought a new position in shares of Columbia Research Enhanced Core ETF during the fourth quarter valued at about $50,000. Finally, Flagship Harbor Advisors LLC bought a new position in shares of Columbia Research Enhanced Core ETF during the fourth quarter valued at about $59,000.

Columbia Research Enhanced Core ETF Price Performance

NYSEARCA RECS opened at $42.17 on Monday. Columbia Research Enhanced Core ETF has a 1 year low of $30.07 and a 1 year high of $42.29. The stock has a market capitalization of $5.19 billion, a PE ratio of 22.01 and a beta of 0.94. The business’s 50-day moving average is $40.18 and its 200 day moving average is $40.62.

About Columbia Research Enhanced Core ETF

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.