Cetera Investment Advisers Increases Holdings in Columbia Research Enhanced Core ETF $RECS

Cetera Investment Advisers lifted its holdings in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 8.7% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,432,489 shares of the company’s stock after acquiring an additional 115,257 shares during the period. Cetera Investment Advisers owned 1.12% of Columbia Research Enhanced Core ETF worth $55,838,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. PNC Financial Services Group Inc. purchased a new position in Columbia Research Enhanced Core ETF in the 4th quarter worth approximately $31,000. Mark Sheptoff Financial Planning LLC boosted its stake in Columbia Research Enhanced Core ETF by 130.1% in the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 886 shares of the company’s stock worth $36,000 after purchasing an additional 501 shares during the period. Eagle Bay Advisors LLC purchased a new stake in Columbia Research Enhanced Core ETF during the 4th quarter valued at approximately $50,000. Flagship Harbor Advisors LLC purchased a new stake in Columbia Research Enhanced Core ETF during the 4th quarter valued at approximately $59,000. Finally, Trust Co. of Vermont grew its holdings in Columbia Research Enhanced Core ETF by 73.4% during the 4th quarter. Trust Co. of Vermont now owns 2,582 shares of the company’s stock valued at $105,000 after buying an additional 1,093 shares in the last quarter.

Columbia Research Enhanced Core ETF Price Performance

Columbia Research Enhanced Core ETF stock opened at $44.17 on Friday. Columbia Research Enhanced Core ETF has a 1 year low of $37.00 and a 1 year high of $44.70. The firm’s 50 day moving average price is $43.51 and its 200-day moving average price is $41.79. The stock has a market cap of $5.89 billion, a P/E ratio of 22.01 and a beta of 0.93.

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.