Pine Valley Investments Ltd Liability Co Purchases 26,797 Shares of Columbia Research Enhanced Core ETF $RECS

Pine Valley Investments Ltd Liability Co raised its position in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 12.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 243,577 shares of the company’s stock after purchasing an additional 26,797 shares during the period. Pine Valley Investments Ltd Liability Co owned approximately 0.19% of Columbia Research Enhanced Core ETF worth $9,495,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. bought a new position in shares of Columbia Research Enhanced Core ETF during the 4th quarter valued at about $31,000. Mark Sheptoff Financial Planning LLC raised its holdings in shares of Columbia Research Enhanced Core ETF by 130.1% during the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 886 shares of the company’s stock valued at $36,000 after buying an additional 501 shares in the last quarter. Eagle Bay Advisors LLC bought a new stake in Columbia Research Enhanced Core ETF in the 4th quarter worth approximately $50,000. Flagship Harbor Advisors LLC bought a new stake in Columbia Research Enhanced Core ETF in the 4th quarter worth approximately $59,000. Finally, Global Retirement Partners LLC boosted its stake in Columbia Research Enhanced Core ETF by 21.6% in the fourth quarter. Global Retirement Partners LLC now owns 3,584 shares of the company’s stock worth $146,000 after buying an additional 637 shares in the last quarter.

Columbia Research Enhanced Core ETF Price Performance

Shares of NYSEARCA RECS opened at $43.76 on Monday. Columbia Research Enhanced Core ETF has a one year low of $37.00 and a one year high of $44.70. The firm’s 50 day simple moving average is $43.63 and its two-hundred day simple moving average is $41.89. The stock has a market capitalization of $5.87 billion, a P/E ratio of 22.01 and a beta of 0.93.

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.