Gladstone Institutional Advisory LLC Buys 91,850 Shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Gladstone Institutional Advisory LLC grew its stake in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 24.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 465,199 shares of the company’s stock after purchasing an additional 91,850 shares during the period. Columbia Research Enhanced Core ETF makes up about 0.8% of Gladstone Institutional Advisory LLC’s portfolio, making the stock its 27th biggest position. Gladstone Institutional Advisory LLC owned about 2.69% of Columbia Research Enhanced Core ETF worth $15,775,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its position in Columbia Research Enhanced Core ETF by 21.6% in 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. Raymond James Financial Services Advisors Inc. lifted its holdings in Columbia Research Enhanced Core ETF by 14.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 315,971 shares of the company’s stock valued at $10,196,000 after buying an additional 39,958 shares in the last quarter. Raymond James & Associates raised its stake in shares of Columbia Research Enhanced Core ETF by 12.3% during the third quarter. Raymond James & Associates now owns 274,990 shares of the company’s stock valued at $9,325,000 after acquiring an additional 30,105 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Columbia Research Enhanced Core ETF by 73.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 411,577 shares of the company’s stock worth $13,282,000 after buying an additional 174,210 shares during the period. Finally, NewEdge Advisors LLC lifted its stake in Columbia Research Enhanced Core ETF by 95.0% in the second quarter. NewEdge Advisors LLC now owns 265,757 shares of the company’s stock worth $8,576,000 after acquiring an additional 129,460 shares during the period.

Columbia Research Enhanced Core ETF Stock Up 1.1 %

Shares of NYSEARCA RECS traded up $0.37 during midday trading on Friday, reaching $34.37. 310,207 shares of the company’s stock traded hands, compared to its average volume of 241,290. The company has a market cap of $594.60 million, a price-to-earnings ratio of 21.72 and a beta of 0.96. The stock’s 50 day simple moving average is $33.70 and its 200-day simple moving average is $32.38. Columbia Research Enhanced Core ETF has a one year low of $25.03 and a one year high of $34.87.

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.