Gradient Investments LLC Has $104.36 Million Stock Holdings in Columbia Research Enhanced Core ETF $RECS

Gradient Investments LLC boosted its holdings in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 3.9% in the 2nd quarter, Holdings Channel.com reports. The firm owned 2,411,318 shares of the company’s stock after purchasing an additional 90,999 shares during the quarter. Columbia Research Enhanced Core ETF makes up about 1.4% of Gradient Investments LLC’s portfolio, making the stock its 13th largest position. Gradient Investments LLC’s holdings in Columbia Research Enhanced Core ETF were worth $104,362,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Perigon Wealth Management LLC raised its position in shares of Columbia Research Enhanced Core ETF by 4.2% during the fourth quarter. Perigon Wealth Management LLC now owns 7,318 shares of the company’s stock valued at $299,000 after buying an additional 295 shares during the last quarter. Truist Financial Corp grew its position in Columbia Research Enhanced Core ETF by 2.2% during the fourth quarter. Truist Financial Corp now owns 20,203 shares of the company’s stock worth $825,000 after buying an additional 433 shares in the last quarter. Integrated Wealth Concepts LLC grew its position in Columbia Research Enhanced Core ETF by 7.5% during the third quarter. Integrated Wealth Concepts LLC now owns 6,354 shares of the company’s stock worth $256,000 after buying an additional 442 shares in the last quarter. Mark Sheptoff Financial Planning LLC increased its stake in Columbia Research Enhanced Core ETF by 130.1% during the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 886 shares of the company’s stock valued at $36,000 after acquiring an additional 501 shares during the period. Finally, Keystone Financial Services LLC increased its stake in Columbia Research Enhanced Core ETF by 8.7% during the fourth quarter. Keystone Financial Services LLC now owns 7,402 shares of the company’s stock valued at $302,000 after acquiring an additional 593 shares during the period.

Columbia Research Enhanced Core ETF Stock Up 0.7%

Columbia Research Enhanced Core ETF stock opened at $45.29 on Friday. The business has a 50 day moving average price of $43.77 and a two-hundred day moving average price of $42.01. Columbia Research Enhanced Core ETF has a 12 month low of $37.79 and a 12 month high of $45.32. The stock has a market cap of $6.07 billion, a price-to-earnings ratio of 22.01 and a beta of 0.92.

Columbia Research Enhanced Core ETF 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.