Spectrum Wealth Advisory Group LLC raised its position in Columbia Research Enhanced Core ETF (NYSEARCA:RECS – Free Report) by 4.5% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 895,392 shares of the company’s stock after acquiring an additional 38,454 shares during the period. Columbia Research Enhanced Core ETF makes up about 11.4% of Spectrum Wealth Advisory Group LLC’s holdings, making the stock its 2nd largest position. Spectrum Wealth Advisory Group LLC owned 0.66% of Columbia Research Enhanced Core ETF worth $40,373,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of RECS. Community Financial Services Group LLC bought a new position in shares of Columbia Research Enhanced Core ETF in the 2nd quarter worth $63,000. Latitude Advisors LLC acquired a new stake in Columbia Research Enhanced Core ETF in the 3rd quarter valued at $73,000. Atlas Private Wealth Advisors acquired a new stake in Columbia Research Enhanced Core ETF in the 3rd quarter valued at $205,000. Aire Advisors LLC acquired a new stake in Columbia Research Enhanced Core ETF in the 1st quarter valued at $249,000. Finally, Envestnet Portfolio Solutions Inc. increased its stake in Columbia Research Enhanced Core ETF by 7.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 7,440 shares of the company’s stock valued at $322,000 after purchasing an additional 523 shares in the last quarter.
Columbia Research Enhanced Core ETF Trading Down 0.1%
Shares of RECS stock opened at $44.77 on Wednesday. The firm has a fifty day simple moving average of $45.40 and a two-hundred day simple moving average of $43.03. Columbia Research Enhanced Core ETF has a 12 month low of $37.79 and a 12 month high of $46.03. The firm has a market capitalization of $6.10 billion, a PE ratio of 22.01 and a beta of 0.92.
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.
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