First Interstate Bank Takes Position in Columbia Research Enhanced Value ETF $REVS

First Interstate Bank bought a new stake in Columbia Research Enhanced Value ETF (NYSEARCA:REVS) in the 1st quarter, according to its most recent filing with the SEC. The fund bought 46,150 shares of the company’s stock, valued at approximately $1,321,000. First Interstate Bank owned 0.50% of Columbia Research Enhanced Value ETF at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. World Investment Advisors grew its position in Columbia Research Enhanced Value ETF by 12.8% during the first quarter. World Investment Advisors now owns 46,609 shares of the company’s stock valued at $1,334,000 after buying an additional 5,283 shares during the period. Private Advisor Group LLC grew its position in shares of Columbia Research Enhanced Value ETF by 2.2% in the first quarter. Private Advisor Group LLC now owns 42,408 shares of the company’s stock valued at $1,214,000 after purchasing an additional 922 shares during the period. Essex Financial Services Inc. grew its position in shares of Columbia Research Enhanced Value ETF by 19.0% in the first quarter. Essex Financial Services Inc. now owns 29,303 shares of the company’s stock valued at $839,000 after purchasing an additional 4,677 shares during the period. Ruggaard & Associates LLC increased its stake in shares of Columbia Research Enhanced Value ETF by 4.9% during the fourth quarter. Ruggaard & Associates LLC now owns 52,103 shares of the company’s stock worth $1,474,000 after purchasing an additional 2,452 shares in the last quarter. Finally, MML Investors Services LLC purchased a new stake in shares of Columbia Research Enhanced Value ETF during the fourth quarter worth about $32,212,000.

Columbia Research Enhanced Value ETF Stock Down 0.9%

REVS opened at $32.06 on Thursday. The company has a market cap of $317.39 million, a PE ratio of 16.41 and a beta of 0.80. Columbia Research Enhanced Value ETF has a twelve month low of $26.28 and a twelve month high of $32.53. The company has a 50-day moving average price of $31.41 and a 200 day moving average price of $29.96.

About Columbia Research Enhanced Value ETF

The Columbia Research Enhanced Value ETF (REVS) 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 Value Index. REVS index uses multifactor selection and market cap weighting. REVS was launched on Sep 25, 2019 and is managed by Columbia.