Redhawk Wealth Advisors Inc. Invests $970,000 in Columbia Research Enhanced Core ETF $RECS

Redhawk Wealth Advisors Inc. bought a new position in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 23,753 shares of the company’s stock, valued at approximately $970,000.

Several other large investors have also recently bought and sold shares of the stock. Archer Investment Corp acquired a new stake in Columbia Research Enhanced Core ETF in the 3rd quarter worth $26,000. MAI Capital Management acquired a new position in shares of Columbia Research Enhanced Core ETF during the third quarter valued at about $38,000. Root Financial Partners LLC bought a new stake in shares of Columbia Research Enhanced Core ETF in the third quarter valued at about $39,000. Trust Co. of Vermont bought a new stake in shares of Columbia Research Enhanced Core ETF in the third quarter valued at about $60,000. Finally, Tripletail Wealth Management LLC acquired a new stake in Columbia Research Enhanced Core ETF during the third quarter worth about $126,000.

Columbia Research Enhanced Core ETF Price Performance

Shares of RECS opened at $37.97 on Monday. The stock’s 50-day moving average price is $40.49 and its 200 day moving average price is $40.59. The firm has a market capitalization of $4.66 billion, a price-to-earnings ratio of 22.01 and a beta of 0.95. Columbia Research Enhanced Core ETF has a 12-month low of $28.64 and a 12-month high of $41.81.

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.