Envestnet Asset Management Inc. Acquires 13,293 Shares of Columbia Research Enhanced Core ETF $RECS

Envestnet Asset Management Inc. grew its stake in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 20.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,989 shares of the company’s stock after acquiring an additional 13,293 shares during the period. Envestnet Asset Management Inc. owned 0.08% of Columbia Research Enhanced Core ETF worth $3,187,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Archer Investment Corp acquired a new position in Columbia Research Enhanced Core ETF during the third quarter valued at approximately $26,000. Root Financial Partners LLC bought a new stake in shares of Columbia Research Enhanced Core ETF during the 3rd quarter worth approximately $39,000. Trust Co. of Vermont acquired a new stake in shares of Columbia Research Enhanced Core ETF in the 3rd quarter valued at approximately $60,000. Allworth Financial LP boosted its holdings 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 buying an additional 544 shares during the last quarter. Finally, Tripletail Wealth Management LLC bought a new position in shares of Columbia Research Enhanced Core ETF in the third quarter valued at $126,000.

Columbia Research Enhanced Core ETF Trading Up 0.8%

NYSEARCA RECS opened at $41.28 on Thursday. The firm has a market capitalization of $5.07 billion, a P/E ratio of 22.01 and a beta of 0.95. The firm’s fifty day moving average price is $41.11 and its two-hundred day moving average price is $40.45. 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 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.