LPL Financial LLC Buys 3,650,956 Shares of Columbia Research Enhanced Core ETF $RECS

LPL Financial LLC raised its stake in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 26.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,374,371 shares of the company’s stock after acquiring an additional 3,650,956 shares during the quarter. LPL Financial LLC owned approximately 14.16% of Columbia Research Enhanced Core ETF worth $709,569,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. JPMorgan Chase & Co. boosted its position in Columbia Research Enhanced Core ETF by 13.1% during the 4th quarter. JPMorgan Chase & Co. now owns 821,597 shares of the company’s stock valued at $33,554,000 after acquiring an additional 94,860 shares in the last quarter. PCA Investment Advisory Services Inc. boosted its position in Columbia Research Enhanced Core ETF by 8.3% during the 4th quarter. PCA Investment Advisory Services Inc. now owns 18,918 shares of the company’s stock valued at $773,000 after acquiring an additional 1,454 shares in the last quarter. Natixis Advisors LLC bought a new stake in Columbia Research Enhanced Core ETF during the 4th quarter valued at $412,000. IAG Wealth Partners LLC boosted its position in Columbia Research Enhanced Core ETF by 2.6% during the 4th quarter. IAG Wealth Partners LLC now owns 313,041 shares of the company’s stock valued at $12,785,000 after acquiring an additional 7,953 shares in the last quarter. Finally, Essex Financial Services Inc. boosted its position in Columbia Research Enhanced Core ETF by 20.7% during the 4th quarter. Essex Financial Services Inc. now owns 357,115 shares of the company’s stock valued at $14,585,000 after acquiring an additional 61,151 shares in the last quarter.

Columbia Research Enhanced Core ETF Stock Performance

Shares of NYSEARCA RECS opened at $43.21 on Monday. The stock has a market capitalization of $5.54 billion, a PE ratio of 22.01 and a beta of 0.93. The stock’s fifty day simple moving average is $41.80 and its two-hundred day simple moving average is $41.15. Columbia Research Enhanced Core ETF has a 12-month low of $35.25 and a 12-month high of $44.01.

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.