KWB Wealth Acquires New Position in Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

KWB Wealth bought a new position in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 41,061 shares of the company’s stock, valued at approximately $1,392,000. KWB Wealth owned about 0.24% of Columbia Research Enhanced Core ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC raised its holdings in shares of Columbia Research Enhanced Core ETF by 330.7% during the 3rd quarter. Jane Street Group LLC now owns 71,387 shares of the company’s stock worth $2,421,000 after buying an additional 54,811 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake 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 acquiring an additional 681 shares in the last quarter. Raymond James & Associates lifted its holdings in shares of Columbia Research Enhanced Core ETF by 12.3% in the third quarter. Raymond James & Associates now owns 274,990 shares of the company’s stock worth $9,325,000 after acquiring an additional 30,105 shares during the last quarter. Stratos Investment Management LLC bought a new position in shares of Columbia Research Enhanced Core ETF in the third quarter worth about $32,500,000. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in shares of Columbia Research Enhanced Core ETF in the 2nd quarter valued at approximately $701,000.

Columbia Research Enhanced Core ETF Price Performance

RECS stock opened at $34.39 on Tuesday. The stock has a market cap of $594.95 million, a price-to-earnings ratio of 21.72 and a beta of 0.96. The company has a 50 day simple moving average of $35.45 and a 200 day simple moving average of $33.97. Columbia Research Enhanced Core ETF has a 1 year low of $27.56 and a 1 year high of $36.60.

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.