Pine Valley Investments Ltd Liability Co Buys New Shares in Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Pine Valley Investments Ltd Liability Co purchased a new stake in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 7,758 shares of the company’s stock, valued at approximately $263,000.

Other institutional investors have also added to or reduced their stakes in the company. Great Valley Advisor Group Inc. purchased a new stake in shares of Columbia Research Enhanced Core ETF during the second quarter valued at $215,000. Raymond James & Associates lifted its position in Columbia Research Enhanced Core ETF by 5.6% during the second quarter. Raymond James & Associates now owns 244,885 shares of the company’s stock worth $7,902,000 after buying an additional 12,989 shares in the last quarter. Western Wealth Management LLC boosted its position in shares of Columbia Research Enhanced Core ETF by 12.6% during the second quarter. Western Wealth Management LLC now owns 27,619 shares of the company’s stock worth $891,000 after buying an additional 3,100 shares during the period. Raymond James Financial Services Advisors Inc. boosted 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 acquiring an additional 39,958 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in shares of Columbia Research Enhanced Core ETF by 13.7% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 52,156 shares of the company’s stock valued at $1,683,000 after purchasing an additional 6,266 shares during the period.

Columbia Research Enhanced Core ETF Trading Down 0.6 %

NYSEARCA:RECS opened at $35.93 on Friday. The stock has a fifty day moving average price of $35.21 and a 200 day moving average price of $33.47. Columbia Research Enhanced Core ETF has a 12-month low of $27.24 and a 12-month high of $36.60. The firm has a market cap of $621.59 million, a PE ratio of 21.72 and a beta of 0.96.

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.