Columbia Research Enhanced Core ETF $RECS Shares Purchased by KWB Wealth

KWB Wealth boosted its position in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 48.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 490,145 shares of the company’s stock after buying an additional 160,249 shares during the period. Columbia Research Enhanced Core ETF makes up approximately 1.9% of KWB Wealth’s investment portfolio, making the stock its 15th largest holding. KWB Wealth owned 0.42% of Columbia Research Enhanced Core ETF worth $20,018,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Archer Investment Corp acquired a new stake in Columbia Research Enhanced Core ETF during the 3rd quarter valued at approximately $26,000. MAI Capital Management acquired a new stake in shares of Columbia Research Enhanced Core ETF in the third quarter worth $38,000. Root Financial Partners LLC acquired a new stake in shares of Columbia Research Enhanced Core ETF in the third quarter worth $39,000. Trust Co. of Vermont purchased a new position in shares of Columbia Research Enhanced Core ETF during the third quarter worth $60,000. Finally, Tripletail Wealth Management LLC purchased a new position in shares of Columbia Research Enhanced Core ETF during the third quarter worth $126,000.

Columbia Research Enhanced Core ETF Price Performance

NYSEARCA RECS opened at $39.12 on Tuesday. The company has a market capitalization of $4.80 billion, a PE ratio of 22.01 and a beta of 0.95. The company has a fifty day moving average of $40.70 and a 200 day moving average of $40.61. Columbia Research Enhanced Core ETF has a 1 year low of $28.64 and a 1 year high of $41.81.

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.