HBW Advisory Services LLC Buys New Position in Columbia Research Enhanced Core ETF $RECS

HBW Advisory Services LLC bought a new position in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 25,396 shares of the company’s stock, valued at approximately $1,025,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of RECS. Trust Co. of Vermont bought a new position in shares of Columbia Research Enhanced Core ETF during the 3rd quarter valued at about $60,000. Allworth Financial LP lifted its stake in Columbia Research Enhanced Core ETF by 38.4% during the second quarter. Allworth Financial LP now owns 1,961 shares of the company’s stock valued at $72,000 after purchasing an additional 544 shares during the last quarter. Private Trust Co. NA bought a new stake in Columbia Research Enhanced Core ETF during the second quarter worth approximately $128,000. Graney & King LLC grew its position in Columbia Research Enhanced Core ETF by 444.7% in the second quarter. Graney & King LLC now owns 5,447 shares of the company’s stock worth $200,000 after buying an additional 4,447 shares during the last quarter. Finally, Comerica Bank grew its position in Columbia Research Enhanced Core ETF by 327.2% in the first quarter. Comerica Bank now owns 6,434 shares of the company’s stock worth $214,000 after buying an additional 4,928 shares during the last quarter.

Columbia Research Enhanced Core ETF Stock Performance

Shares of NYSEARCA:RECS opened at $41.41 on Friday. Columbia Research Enhanced Core ETF has a one year low of $28.64 and a one year high of $41.81. The stock has a fifty day moving average of $40.83 and a 200-day moving average of $39.22. The company has a market capitalization of $4.31 billion, a PE ratio of 22.01 and a beta of 0.95.

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.