Independent Advisor Alliance purchased a new stake in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 176,981 shares of the company’s stock, valued at approximately $6,127,000.
Several other hedge funds have also bought and sold shares of RECS. Paragon Private Wealth Management LLC raised its stake in Columbia Research Enhanced Core ETF by 1.9% during the fourth quarter. Paragon Private Wealth Management LLC now owns 37,448 shares of the company’s stock valued at $1,296,000 after buying an additional 704 shares during the last quarter. Tower Wealth Partners Inc. bought a new position in shares of Columbia Research Enhanced Core ETF during the fourth quarter valued at $16,204,000. Axis Wealth Partners LLC purchased a new position in shares of Columbia Research Enhanced Core ETF in the 4th quarter worth about $996,000. Raymond James Financial Inc. bought a new position in Columbia Research Enhanced Core ETF in the 4th quarter worth about $54,813,000. Finally, Dana Investment Advisors Inc. purchased a new stake in Columbia Research Enhanced Core ETF during the 4th quarter valued at about $379,000.
Columbia Research Enhanced Core ETF Stock Performance
NYSEARCA:RECS opened at $32.98 on Wednesday. The firm has a market cap of $2.08 billion, a P/E ratio of 21.87 and a beta of 0.93. Columbia Research Enhanced Core ETF has a fifty-two week low of $29.41 and a fifty-two week high of $36.60. The firm has a 50-day simple moving average of $35.19 and a two-hundred day simple moving average of $34.78.
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.
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