MMA Asset Management LLC Has $985,000 Position in Columbia Research Enhanced Core ETF $RECS

MMA Asset Management LLC lowered its holdings in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 46.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 24,120 shares of the company’s stock after selling 21,028 shares during the period. MMA Asset Management LLC’s holdings in Columbia Research Enhanced Core ETF were worth $985,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Jane Street Group LLC lifted its stake 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 valued at $612,859,000 after acquiring an additional 16,624,593 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of Columbia Research Enhanced Core ETF by 1.8% during the third quarter. Ameriprise Financial Inc. now owns 13,203,009 shares of the company’s stock valued at $532,756,000 after acquiring an additional 239,164 shares during the period. Bank of America Corp DE lifted its stake in shares of 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 acquiring an additional 1,417,178 shares during the period. Raymond James Financial Inc. lifted its stake in shares of Columbia Research Enhanced Core ETF by 27.8% during the third quarter. Raymond James Financial Inc. now owns 4,049,122 shares of the company’s stock valued at $163,382,000 after acquiring an additional 881,172 shares during the period. Finally, Commonwealth Equity Services LLC lifted its stake in shares of Columbia Research Enhanced Core ETF by 9.2% during the third quarter. Commonwealth Equity Services LLC now owns 2,748,419 shares of the company’s stock valued at $110,899,000 after acquiring an additional 231,153 shares during the period.

Columbia Research Enhanced Core ETF Stock Down 0.8%

Shares of RECS opened at $41.82 on Tuesday. Columbia Research Enhanced Core ETF has a 12-month low of $32.92 and a 12-month high of $42.40. The firm has a market capitalization of $5.36 billion, a PE ratio of 22.01 and a beta of 0.93. The stock’s fifty day simple moving average is $40.37 and its 200-day simple moving average is $40.73.

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.