Stadion Money Management LLC Invests $31.64 Million in Columbia Research Enhanced Core ETF $RECS

Stadion Money Management LLC bought a new position in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 811,668 shares of the company’s stock, valued at approximately $31,639,000. Columbia Research Enhanced Core ETF accounts for approximately 3.2% of Stadion Money Management LLC’s investment portfolio, making the stock its 9th biggest holding. Stadion Money Management LLC owned 0.63% of Columbia Research Enhanced Core ETF as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. LPL Financial LLC lifted its stake in Columbia Research Enhanced Core ETF by 26.6% during the 4th quarter. LPL Financial LLC now owns 17,374,371 shares of the company’s stock valued at $709,569,000 after acquiring an additional 3,650,956 shares during the period. Jane Street Group LLC raised its holdings in shares of Columbia Research Enhanced Core ETF by 49,303.3% during the second quarter. Jane Street Group LLC now owns 16,658,312 shares of the company’s stock worth $612,859,000 after purchasing an additional 16,624,593 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Columbia Research Enhanced Core ETF by 22.3% during the second quarter. Ameriprise Financial Inc. now owns 12,963,845 shares of the company’s stock worth $476,940,000 after purchasing an additional 2,368,065 shares during the last quarter. Bank of America Corp DE lifted its position in Columbia Research Enhanced Core ETF by 32.0% during the third quarter. Bank of America Corp DE now owns 5,842,374 shares of the company’s stock valued at $235,740,000 after purchasing an additional 1,417,178 shares during the period. Finally, Morgan Stanley lifted its position in Columbia Research Enhanced Core ETF by 32.0% during the fourth quarter. Morgan Stanley now owns 5,215,842 shares of the company’s stock valued at $213,015,000 after purchasing an additional 1,265,928 shares during the period.

Columbia Research Enhanced Core ETF Stock Performance

NYSEARCA:RECS opened at $44.17 on Friday. The firm’s fifty day moving average is $43.51 and its two-hundred day moving average is $41.79. The firm has a market cap of $5.89 billion, a price-to-earnings ratio of 22.01 and a beta of 0.93. Columbia Research Enhanced Core ETF has a one year low of $37.00 and a one year high of $44.70.

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.