USAdvisors Wealth Management LLC Acquires New Shares in Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

USAdvisors Wealth Management LLC bought a new position in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 161,339 shares of the company’s stock, valued at approximately $5,585,000. Columbia Research Enhanced Core ETF makes up about 1.8% of USAdvisors Wealth Management LLC’s portfolio, making the stock its 13th biggest position. USAdvisors Wealth Management LLC owned 0.93% of Columbia Research Enhanced Core ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Columbia Research Enhanced Core ETF by 21.6% during the 2nd 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 during the last quarter. Allworth Financial LP bought a new stake in shares of Columbia Research Enhanced Core ETF during the third quarter worth $48,000. IHT Wealth Management LLC grew its stake in shares of Columbia Research Enhanced Core ETF by 11.4% during the third quarter. IHT Wealth Management LLC now owns 16,600 shares of the company’s stock worth $563,000 after buying an additional 1,700 shares during the last quarter. B. Riley Wealth Advisors Inc. lifted its stake in shares of Columbia Research Enhanced Core ETF by 7.9% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 23,437 shares of the company’s stock valued at $792,000 after acquiring an additional 1,724 shares during the last quarter. Finally, Bensler LLC lifted its stake in shares of Columbia Research Enhanced Core ETF by 1.4% in the 4th quarter. Bensler LLC now owns 213,785 shares of the company’s stock valued at $7,401,000 after acquiring an additional 2,955 shares during the last quarter.

Columbia Research Enhanced Core ETF Stock Down 0.4 %

Shares of RECS stock opened at $35.80 on Thursday. Columbia Research Enhanced Core ETF has a twelve month low of $28.34 and a twelve month high of $36.60. The stock’s fifty day simple moving average is $35.46 and its 200 day simple moving average is $34.18. The firm has a market capitalization of $619.34 million, a P/E ratio of 21.72 and a beta of 0.96.

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.