31,709 Shares in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) Acquired by Sovran Advisors LLC

Sovran Advisors LLC purchased a new stake in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) during the fourth quarter, Holdings Channel.com reports. The firm purchased 31,709 shares of the company’s stock, valued at approximately $1,092,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Comprehensive Financial Planning Inc. PA acquired a new position in Columbia Research Enhanced Core ETF in the 4th quarter worth approximately $37,000. Allworth Financial LP acquired a new stake in shares of Columbia Research Enhanced Core ETF in the third quarter worth $48,000. IHT Wealth Management LLC increased its stake in shares of Columbia Research Enhanced Core ETF by 11.4% in the third quarter. IHT Wealth Management LLC now owns 16,600 shares of the company’s stock worth $563,000 after acquiring an additional 1,700 shares during the period. B. Riley Wealth Advisors Inc. raised its holdings in shares of Columbia Research Enhanced Core ETF by 7.9% during the third quarter. B. Riley Wealth Advisors Inc. now owns 23,437 shares of the company’s stock worth $792,000 after purchasing an additional 1,724 shares during the last quarter. Finally, Bensler LLC lifted its position in Columbia Research Enhanced Core ETF by 1.4% during the fourth quarter. Bensler LLC now owns 213,785 shares of the company’s stock valued at $7,401,000 after purchasing an additional 2,955 shares during the period.

Columbia Research Enhanced Core ETF Stock Performance

Shares of RECS opened at $35.77 on Wednesday. The business’s 50-day moving average is $35.43 and its two-hundred day moving average is $34.36. The company has a market capitalization of $618.82 million, a P/E ratio of 21.72 and a beta of 0.96. Columbia Research Enhanced Core ETF has a fifty-two week low of $28.82 and a fifty-two week high of $36.60.

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.