Stratos Investment Management LLC Acquires 452,426 Shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Stratos Investment Management LLC grew its holdings in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 47.2% in the fourth quarter, HoldingsChannel reports. The fund owned 1,410,831 shares of the company’s stock after buying an additional 452,426 shares during the period. Columbia Research Enhanced Core ETF makes up about 2.9% of Stratos Investment Management LLC’s portfolio, making the stock its 6th largest holding. Stratos Investment Management LLC owned about 0.08% of Columbia Research Enhanced Core ETF worth $48,843,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of RECS. Stratos Wealth Partners LTD. raised its stake in shares of Columbia Research Enhanced Core ETF by 1.9% during the fourth quarter. Stratos Wealth Partners LTD. now owns 1,154,334 shares of the company’s stock valued at $39,963,000 after purchasing an additional 21,711 shares in the last quarter. DAVENPORT & Co LLC raised its position in shares of Columbia Research Enhanced Core ETF by 245.5% during the 4th quarter. DAVENPORT & Co LLC now owns 50,150 shares of the company’s stock worth $1,736,000 after buying an additional 35,636 shares in the last quarter. USAdvisors Wealth Management LLC bought a new stake in shares of Columbia Research Enhanced Core ETF during the 4th quarter worth about $5,585,000. Bensler LLC lifted its stake in shares of Columbia Research Enhanced Core ETF by 1.4% in the 4th quarter. Bensler LLC now owns 213,785 shares of the company’s stock worth $7,401,000 after acquiring an additional 2,955 shares during the period. Finally, Perigon Wealth Management LLC bought a new position in shares of Columbia Research Enhanced Core ETF in the fourth quarter valued at approximately $213,000.

Columbia Research Enhanced Core ETF Price Performance

Shares of NYSEARCA:RECS opened at $35.54 on Wednesday. The stock has a market cap of $614.84 million, a price-to-earnings ratio of 21.72 and a beta of 0.96. Columbia Research Enhanced Core ETF has a 12 month low of $28.82 and a 12 month high of $36.60. The stock’s 50 day moving average price is $35.46 and its 200 day moving average price is $34.25.

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.