BlueStem Wealth Partners LLC Purchases 631,523 Shares of Columbia Research Enhanced Core ETF $RECS

BlueStem Wealth Partners LLC boosted its holdings in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 88.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,346,965 shares of the company’s stock after buying an additional 631,523 shares during the period. Columbia Research Enhanced Core ETF makes up about 6.1% of BlueStem Wealth Partners LLC’s portfolio, making the stock its 4th largest position. BlueStem Wealth Partners LLC’s holdings in Columbia Research Enhanced Core ETF were worth $55,010,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of RECS. Bison Wealth LLC acquired a new position in Columbia Research Enhanced Core ETF during the fourth quarter worth $237,000. Jane Street Group LLC purchased a new stake in shares of Columbia Research Enhanced Core ETF in the first quarter worth approximately $1,120,000. Marshall Wace LLP purchased a new stake in shares of Columbia Research Enhanced Core ETF in the second quarter worth approximately $3,493,000. Raymond James Financial Inc. raised its stake in shares of Columbia Research Enhanced Core ETF by 15.3% in the second quarter. Raymond James Financial Inc. now owns 3,167,950 shares of the company’s stock worth $116,549,000 after purchasing an additional 419,812 shares during the last quarter. Finally, Graney & King LLC raised its stake in shares of Columbia Research Enhanced Core ETF by 444.7% in the second quarter. Graney & King LLC now owns 5,447 shares of the company’s stock worth $200,000 after purchasing an additional 4,447 shares during the last quarter.

Columbia Research Enhanced Core ETF Price Performance

Shares of RECS stock opened at $42.43 on Wednesday. The firm has a 50-day moving average of $40.76 and a 200-day moving average of $40.89. The company has a market cap of $5.44 billion, a P/E ratio of 22.01 and a beta of 0.93. Columbia Research Enhanced Core ETF has a one year low of $34.08 and a one year high of $43.22.

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.