USAdvisors Wealth Management LLC Has $5.91 Million Stock Position in Columbia Research Enhanced Core ETF $RECS

USAdvisors Wealth Management LLC grew its stake in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 5.1% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 160,450 shares of the company’s stock after purchasing an additional 7,824 shares during the quarter. Columbia Research Enhanced Core ETF comprises about 2.2% of USAdvisors Wealth Management LLC’s portfolio, making the stock its 11th biggest holding. USAdvisors Wealth Management LLC’s holdings in Columbia Research Enhanced Core ETF were worth $5,906,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Ameriprise Financial Inc. increased its position in shares of Columbia Research Enhanced Core ETF by 519.4% during the 1st quarter. Ameriprise Financial Inc. now owns 10,595,780 shares of the company’s stock worth $351,885,000 after purchasing an additional 8,885,095 shares during the last quarter. LPL Financial LLC increased its position in shares of Columbia Research Enhanced Core ETF by 11.0% during the 1st quarter. LPL Financial LLC now owns 8,987,115 shares of the company’s stock worth $298,462,000 after purchasing an additional 893,397 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of Columbia Research Enhanced Core ETF by 73.6% during the 1st quarter. Raymond James Financial Inc. now owns 2,748,138 shares of the company’s stock worth $91,266,000 after purchasing an additional 1,164,853 shares during the last quarter. Gradient Investments LLC increased its position in shares of Columbia Research Enhanced Core ETF by 1.2% during the 2nd quarter. Gradient Investments LLC now owns 2,031,726 shares of the company’s stock worth $74,747,000 after purchasing an additional 23,591 shares during the last quarter. Finally, Stratos Investment Management LLC increased its position in shares of Columbia Research Enhanced Core ETF by 34.3% during the 1st quarter. Stratos Investment Management LLC now owns 1,894,985 shares of the company’s stock worth $62,932,000 after purchasing an additional 484,154 shares during the last quarter.

Columbia Research Enhanced Core ETF Trading Down 0.0%

Shares of NYSEARCA RECS opened at $40.51 on Friday. Columbia Research Enhanced Core ETF has a 12 month low of $28.64 and a 12 month high of $40.69. The stock has a 50 day moving average of $39.08 and a 200-day moving average of $36.08. The company has a market capitalization of $3.87 billion, a P/E ratio of 22.01 and a beta of 0.99.

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.