Richmond Investment Services LLC Buys New Shares in Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Richmond Investment Services LLC bought a new stake in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 32,302 shares of the company’s stock, valued at approximately $1,118,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Graney & King LLC purchased a new stake in shares of Columbia Research Enhanced Core ETF during the fourth quarter worth about $35,000. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Columbia Research Enhanced Core ETF during the fourth quarter worth about $37,000. US Bancorp DE purchased a new stake in shares of Columbia Research Enhanced Core ETF during the fourth quarter worth about $42,000. Comerica Bank boosted its holdings in shares of Columbia Research Enhanced Core ETF by 47.4% during the fourth quarter. Comerica Bank now owns 1,506 shares of the company’s stock worth $52,000 after purchasing an additional 484 shares during the period. Finally, Global Retirement Partners LLC purchased a new stake in shares of Columbia Research Enhanced Core ETF during the fourth quarter worth about $92,000.

Columbia Research Enhanced Core ETF Price Performance

Shares of RECS opened at $34.31 on Friday. Columbia Research Enhanced Core ETF has a one year low of $28.64 and a one year high of $36.60. The company has a 50-day simple moving average of $32.82 and a two-hundred day simple moving average of $34.42. The firm has a market capitalization of $2.66 billion, a PE ratio of 22.05 and a beta of 0.92.

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.