Columbia Research Enhanced Core ETF $RECS is ARQ Wealth Advisors LLC’s 8th Largest Position

ARQ Wealth Advisors LLC lifted its holdings in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 16.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 249,998 shares of the company’s stock after buying an additional 35,792 shares during the period. Columbia Research Enhanced Core ETF comprises approximately 3.0% of ARQ Wealth Advisors LLC’s portfolio, making the stock its 8th biggest position. ARQ Wealth Advisors LLC owned about 0.24% of Columbia Research Enhanced Core ETF worth $10,087,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Archer Investment Corp purchased a new stake in shares of Columbia Research Enhanced Core ETF in the third quarter worth approximately $26,000. MAI Capital Management purchased a new position in Columbia Research Enhanced Core ETF during the third quarter valued at approximately $38,000. Root Financial Partners LLC purchased a new position in Columbia Research Enhanced Core ETF during the third quarter valued at approximately $39,000. Trust Co. of Vermont acquired a new position in Columbia Research Enhanced Core ETF in the 3rd quarter valued at approximately $60,000. Finally, Allworth Financial LP increased its stake in 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 period.

Columbia Research Enhanced Core ETF Stock Up 0.7%

RECS stock opened at $39.83 on Wednesday. The company has a 50 day moving average of $40.88 and a two-hundred day moving average of $40.60. The company has a market cap of $4.89 billion, a price-to-earnings 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.

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.