Thurston Springer Miller Herd & Titak Inc. Makes New Investment in Columbia Research Enhanced Core ETF $RECS

Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 13,696 shares of the company’s stock, valued at approximately $618,000. Columbia Research Enhanced Core ETF comprises 1.0% of Thurston Springer Miller Herd & Titak Inc.’s investment portfolio, making the stock its 12th largest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Farther Finance Advisors LLC grew its stake in Columbia Research Enhanced Core ETF by 21.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 28,867 shares of the company’s stock worth $1,302,000 after buying an additional 5,085 shares during the last quarter. Gradient Investments LLC acquired a new position in Columbia Research Enhanced Core ETF during the 3rd quarter valued at about $109,923,000. Envestnet Portfolio Solutions Inc. raised its stake in Columbia Research Enhanced Core ETF by 7.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 7,440 shares of the company’s stock valued at $322,000 after buying an additional 523 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Columbia Research Enhanced Core ETF by 14.8% in the second quarter. Envestnet Asset Management Inc. now owns 136,770 shares of the company’s stock valued at $5,919,000 after buying an additional 17,651 shares during the last quarter. Finally, Integrated Wealth Concepts LLC raised its stake in Columbia Research Enhanced Core ETF by 506.7% in the second quarter. Integrated Wealth Concepts LLC now owns 39,750 shares of the company’s stock valued at $1,720,000 after buying an additional 33,198 shares during the last quarter.

Columbia Research Enhanced Core ETF Price Performance

NYSEARCA RECS traded down $0.48 during trading on Wednesday, hitting $45.44. The company’s stock had a trading volume of 307,193 shares, compared to its average volume of 563,199. The company has a market cap of $6.15 billion, a PE ratio of 22.01 and a beta of 0.92. The business’s 50 day simple moving average is $45.36 and its 200-day simple moving average is $43.61. Columbia Research Enhanced Core ETF has a fifty-two week low of $37.79 and a fifty-two week high of $46.03.

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.