Pines Wealth Management LLC Acquires Shares of 16,935 Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Pines Wealth Management LLC acquired a new stake in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 16,935 shares of the company’s stock, valued at approximately $582,000. Pines Wealth Management LLC owned about 0.10% of Columbia Research Enhanced Core ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in RECS. Allworth Financial LP acquired a new position in Columbia Research Enhanced Core ETF during the 3rd quarter valued at about $48,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of 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 valued at $124,000 after purchasing an additional 681 shares in the last quarter. AdvisorNet Financial Inc purchased a new position in shares of Columbia Research Enhanced Core ETF during the fourth quarter valued at approximately $182,000. Sanctuary Advisors LLC bought a new stake in Columbia Research Enhanced Core ETF during the second quarter worth $220,000. Finally, Pine Valley Investments Ltd Liability Co bought a new stake in Columbia Research Enhanced Core ETF during the third quarter worth $263,000.

Columbia Research Enhanced Core ETF Trading Up 0.1 %

Shares of NYSEARCA:RECS opened at $34.44 on Wednesday. The stock has a market cap of $595.81 million, a PE ratio of 21.72 and a beta of 0.96. The stock’s fifty day simple moving average is $35.45 and its two-hundred day simple moving average is $33.98. Columbia Research Enhanced Core ETF has a 1-year low of $27.56 and a 1-year high of $36.60.

Columbia Research Enhanced Core ETF Company 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.