Prosperity Financial Group Inc. Invests $562,000 in Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Prosperity Financial Group Inc. bought a new position in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 16,570 shares of the company’s stock, valued at approximately $562,000. Prosperity Financial Group Inc. owned about 0.10% of Columbia Research Enhanced Core ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of RECS. Northwestern Mutual Wealth Management Co. increased its position in Columbia Research Enhanced Core ETF by 21.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,830 shares of the company’s stock worth $124,000 after buying an additional 681 shares during the last quarter. Allworth Financial LP bought a new stake in shares of Columbia Research Enhanced Core ETF in the third quarter valued at about $48,000. Marshall Wace LLP grew its stake in shares of Columbia Research Enhanced Core ETF by 16.4% in the second quarter. Marshall Wace LLP now owns 20,982 shares of the company’s stock valued at $677,000 after acquiring an additional 2,959 shares in the last quarter. Western Wealth Management LLC increased its position in Columbia Research Enhanced Core ETF by 12.6% during the second quarter. Western Wealth Management LLC now owns 27,619 shares of the company’s stock worth $891,000 after acquiring an additional 3,100 shares during the period. Finally, Great Valley Advisor Group Inc. raised its stake in Columbia Research Enhanced Core ETF by 50.0% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 10,015 shares of the company’s stock worth $340,000 after purchasing an additional 3,340 shares in the last quarter.

Columbia Research Enhanced Core ETF Price Performance

Shares of NYSEARCA:RECS opened at $35.65 on Monday. The business’s 50 day simple moving average is $34.46 and its 200 day simple moving average is $33.00. Columbia Research Enhanced Core ETF has a 1 year low of $26.51 and a 1 year high of $35.86. The company has a market capitalization of $616.75 million, a P/E ratio of 21.72 and a beta of 0.96.

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.