Ruggaard & Associates LLC Raises Position in Columbia Research Enhanced Value ETF (NYSEARCA:REVS)

Ruggaard & Associates LLC grew its position in shares of Columbia Research Enhanced Value ETF (NYSEARCA:REVS) by 7.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 49,908 shares of the company’s stock after buying an additional 3,585 shares during the quarter. Columbia Research Enhanced Value ETF accounts for approximately 0.5% of Ruggaard & Associates LLC’s investment portfolio, making the stock its 23rd biggest holding. Ruggaard & Associates LLC owned 2.77% of Columbia Research Enhanced Value ETF worth $1,234,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of REVS. Commonwealth Equity Services LLC purchased a new stake in Columbia Research Enhanced Value ETF in the fourth quarter worth $204,000. Pine Valley Investments Ltd Liability Co raised its holdings in shares of Columbia Research Enhanced Value ETF by 2.5% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 28,472 shares of the company’s stock valued at $723,000 after acquiring an additional 700 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Columbia Research Enhanced Value ETF in the 4th quarter worth $954,000.

Columbia Research Enhanced Value ETF Trading Down 5.7 %

Shares of Columbia Research Enhanced Value ETF stock opened at $22.67 on Friday. Columbia Research Enhanced Value ETF has a 12 month low of $22.56 and a 12 month high of $27.03. The firm has a market capitalization of $58.94 million, a PE ratio of 17.30 and a beta of 0.83. The business’s 50-day moving average price is $25.41 and its 200-day moving average price is $25.57.

Columbia Research Enhanced Value ETF Profile

The Columbia Research Enhanced Value ETF (REVS) 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 Value Index. REVS index uses multifactor selection and market cap weighting. REVS was launched on Sep 25, 2019 and is managed by Columbia.