Alchemi Wealth LLC Invests $4.45 Million in Columbia Research Enhanced Core ETF $RECS

Alchemi Wealth LLC bought a new position in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) during the 4th quarter, Holdings Channel reports. The fund bought 109,047 shares of the company’s stock, valued at approximately $4,454,000. Columbia Research Enhanced Core ETF accounts for about 2.4% of Alchemi Wealth LLC’s portfolio, making the stock its 7th biggest holding.

Several other large investors have also recently made changes to their positions in RECS. LPL Financial LLC increased its stake in Columbia Research Enhanced Core ETF by 26.6% during the fourth quarter. LPL Financial LLC now owns 17,374,371 shares of the company’s stock worth $709,569,000 after acquiring an additional 3,650,956 shares during the last quarter. Jane Street Group LLC increased its stake in Columbia Research Enhanced Core ETF by 49,303.3% during the second quarter. Jane Street Group LLC now owns 16,658,312 shares of the company’s stock worth $612,859,000 after acquiring an additional 16,624,593 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Columbia Research Enhanced Core ETF by 1.8% during the third quarter. Ameriprise Financial Inc. now owns 13,203,009 shares of the company’s stock worth $532,756,000 after acquiring an additional 239,164 shares during the last quarter. Bank of America Corp DE increased its stake in Columbia Research Enhanced Core ETF by 32.0% during the third quarter. Bank of America Corp DE now owns 5,842,374 shares of the company’s stock worth $235,740,000 after acquiring an additional 1,417,178 shares during the last quarter. Finally, Raymond James Financial Inc. increased its stake in Columbia Research Enhanced Core ETF by 27.8% during the third quarter. Raymond James Financial Inc. now owns 4,049,122 shares of the company’s stock worth $163,382,000 after acquiring an additional 881,172 shares during the last quarter.

Columbia Research Enhanced Core ETF Price Performance

Shares of NYSEARCA RECS opened at $43.27 on Friday. The business’s 50 day moving average is $42.25 and its two-hundred day moving average is $41.25. Columbia Research Enhanced Core ETF has a 1-year low of $35.25 and a 1-year high of $44.01. The stock has a market capitalization of $5.55 billion, a P/E ratio of 22.01 and a beta of 0.93.

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.