Bank of America Corp DE Sells 392,689 Shares of Columbia Research Enhanced Core ETF $RECS

Bank of America Corp DE lessened its stake in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 6.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,647,736 shares of the company’s stock after selling 392,689 shares during the period. Bank of America Corp DE’s holdings in Columbia Research Enhanced Core ETF were worth $220,149,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of RECS. PNC Financial Services Group Inc. acquired a new stake in shares of Columbia Research Enhanced Core ETF in the fourth quarter worth $31,000. Mark Sheptoff Financial Planning LLC boosted its holdings in shares of Columbia Research Enhanced Core ETF by 130.1% during the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 886 shares of the company’s stock worth $36,000 after buying an additional 501 shares during the period. Eagle Bay Advisors LLC acquired a new position in Columbia Research Enhanced Core ETF in the 4th quarter valued at $50,000. Flagship Harbor Advisors LLC acquired a new position in Columbia Research Enhanced Core ETF in the 4th quarter valued at $59,000. Finally, Global Retirement Partners LLC raised its holdings in Columbia Research Enhanced Core ETF by 21.6% in the 4th quarter. Global Retirement Partners LLC now owns 3,584 shares of the company’s stock worth $146,000 after acquiring an additional 637 shares during the period.

Columbia Research Enhanced Core ETF Price Performance

Shares of RECS opened at $44.16 on Tuesday. The company has a market capitalization of $5.92 billion, a PE ratio of 22.01 and a beta of 0.93. Columbia Research Enhanced Core ETF has a one year low of $37.41 and a one year high of $44.70. The company’s fifty day moving average price is $43.64 and its 200 day moving average price is $41.91.

About Columbia Research Enhanced Core ETF

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.