Columbia Research Enhanced Core ETF $RECS Stock Holdings Boosted by Drake & Associates LLC

Drake & Associates LLC grew its position in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 8.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,006,402 shares of the company’s stock after purchasing an additional 80,366 shares during the period. Columbia Research Enhanced Core ETF comprises about 8.2% of Drake & Associates LLC’s portfolio, making the stock its 2nd largest position. Drake & Associates LLC owned about 0.82% of Columbia Research Enhanced Core ETF worth $41,101,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in RECS. First Growth Capital LLC purchased a new position in Columbia Research Enhanced Core ETF during the fourth quarter worth about $2,268,000. Raymond James Financial Inc. grew its position in Columbia Research Enhanced Core ETF by 21.5% in the 4th quarter. Raymond James Financial Inc. now owns 4,920,987 shares of the company’s stock worth $200,973,000 after purchasing an additional 871,865 shares in the last quarter. NewEdge Advisors LLC increased its stake in Columbia Research Enhanced Core ETF by 48.1% in the 4th quarter. NewEdge Advisors LLC now owns 13,639 shares of the company’s stock valued at $557,000 after buying an additional 4,430 shares during the last quarter. Scarborough Advisors LLC increased its stake in Columbia Research Enhanced Core ETF by 1.6% in the 4th quarter. Scarborough Advisors LLC now owns 535,940 shares of the company’s stock valued at $21,888,000 after buying an additional 8,369 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of Columbia Research Enhanced Core ETF by 13.0% during the 4th quarter. Cetera Investment Advisers now owns 1,317,232 shares of the company’s stock worth $53,796,000 after buying an additional 151,667 shares in the last quarter.

Columbia Research Enhanced Core ETF Stock Up 0.5%

Shares of NYSEARCA RECS opened at $43.25 on Friday. Columbia Research Enhanced Core ETF has a twelve month low of $35.25 and a twelve month high of $44.04. The stock’s 50 day moving average price is $42.58 and its 200-day moving average price is $41.33. The company has a market capitalization of $5.54 billion, a PE 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.