Axis Wealth Partners LLC Invests $996,000 in Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Axis Wealth Partners LLC purchased a new stake in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 28,784 shares of the company’s stock, valued at approximately $996,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of RECS. Leavell Investment Management Inc. bought a new stake in Columbia Research Enhanced Core ETF in the 3rd quarter valued at about $427,000. Tyler Stone Wealth Management raised its position in Columbia Research Enhanced Core ETF by 107.3% in the third quarter. Tyler Stone Wealth Management now owns 8,494 shares of the company’s stock worth $288,000 after acquiring an additional 4,397 shares during the period. Spectrum Wealth Advisory Group LLC bought a new stake in Columbia Research Enhanced Core ETF in the 3rd quarter valued at about $27,611,000. LPL Financial LLC lifted its position in shares of Columbia Research Enhanced Core ETF by 51.3% during the third quarter. LPL Financial LLC now owns 5,984,602 shares of the company’s stock worth $202,938,000 after acquiring an additional 2,029,508 shares in the last quarter. Finally, Great Valley Advisor Group Inc. boosted its holdings 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 valued at $340,000 after purchasing an additional 3,340 shares during the period.

Columbia Research Enhanced Core ETF Stock Performance

Shares of NYSEARCA:RECS opened at $34.14 on Friday. The firm has a market capitalization of $1.81 billion, a PE ratio of 23.97 and a beta of 0.94. The firm has a fifty day moving average of $35.25 and a 200 day moving average of $34.77. Columbia Research Enhanced Core ETF has a 52-week low of $29.41 and a 52-week 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.