KWB Wealth Increases Holdings in Columbia Research Enhanced Core ETF $RECS

KWB Wealth boosted its stake in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 30.5% during the 2nd quarter, Holdings Channel.com reports. The firm owned 635,710 shares of the company’s stock after buying an additional 148,675 shares during the quarter. Columbia Research Enhanced Core ETF accounts for about 2.4% of KWB Wealth’s holdings, making the stock its 9th largest position. KWB Wealth’s holdings in Columbia Research Enhanced Core ETF were worth $27,514,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. World Investment Advisors raised its stake in shares of Columbia Research Enhanced Core ETF by 7.9% in the fourth quarter. World Investment Advisors now owns 166,365 shares of the company’s stock worth $6,794,000 after buying an additional 12,189 shares during the period. BlueStem Wealth Partners LLC lifted its position in shares of Columbia Research Enhanced Core ETF by 88.3% during the 4th quarter. BlueStem Wealth Partners LLC now owns 1,346,965 shares of the company’s stock valued at $55,010,000 after buying an additional 631,523 shares in the last quarter. Retirement Planning Group LLC NY grew its stake in shares of Columbia Research Enhanced Core ETF by 18.9% during the 1st quarter. Retirement Planning Group LLC NY now owns 145,349 shares of the company’s stock valued at $5,666,000 after acquiring an additional 23,094 shares during the period. Nations Financial Group Inc. IA ADV bought a new position in shares of Columbia Research Enhanced Core ETF during the 4th quarter valued at approximately $523,000. Finally, LPL Financial LLC increased its holdings in Columbia Research Enhanced Core ETF by 26.6% in the 4th 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 in the last quarter.

Columbia Research Enhanced Core ETF Trading Down 0.3%

NYSEARCA RECS opened at $45.14 on Tuesday. Columbia Research Enhanced Core ETF has a 12 month low of $37.79 and a 12 month high of $45.32. The stock has a market cap of $6.05 billion, a price-to-earnings ratio of 22.01 and a beta of 0.92. The company’s 50 day moving average is $43.79 and its two-hundred day moving average is $42.05.

Columbia Research Enhanced Core ETF 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.