Columbia Research Enhanced Core ETF $RECS Shares Acquired by Centaurus Financial Inc.

Centaurus Financial Inc. raised its holdings in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 16.7% in the first quarter, HoldingsChannel reports. The institutional investor owned 470,217 shares of the company’s stock after purchasing an additional 67,189 shares during the quarter. Columbia Research Enhanced Core ETF accounts for about 0.9% of Centaurus Financial Inc.’s portfolio, making the stock its 21st largest holding. Centaurus Financial Inc.’s holdings in Columbia Research Enhanced Core ETF were worth $18,329,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Royal Bank of Canada lifted its position in shares of Columbia Research Enhanced Core ETF by 43.0% during the 1st quarter. Royal Bank of Canada now owns 1,173,365 shares of the company’s stock valued at $45,738,000 after acquiring an additional 353,051 shares during the last quarter. Stadion Money Management LLC acquired a new position in shares of Columbia Research Enhanced Core ETF in the 1st quarter worth $31,639,000. Cetera Investment Advisers raised its position in shares of Columbia Research Enhanced Core ETF by 8.7% during the first quarter. Cetera Investment Advisers now owns 1,432,489 shares of the company’s stock worth $55,838,000 after purchasing an additional 115,257 shares during the period. Scarborough Advisors LLC raised its position in shares of Columbia Research Enhanced Core ETF by 0.4% during the first quarter. Scarborough Advisors LLC now owns 538,183 shares of the company’s stock worth $20,978,000 after purchasing an additional 2,243 shares during the period. Finally, Aire Advisors LLC acquired a new stake in shares of Columbia Research Enhanced Core ETF during the first quarter worth $249,000.

Columbia Research Enhanced Core ETF Stock Down 1.5%

Shares of NYSEARCA RECS opened at $43.87 on Thursday. Columbia Research Enhanced Core ETF has a 12 month low of $37.00 and a 12 month high of $44.70. The company has a market cap of $5.87 billion, a price-to-earnings ratio of 22.01 and a beta of 0.93. The business has a fifty day simple moving average of $43.60 and a 200-day simple moving average of $41.86.

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.