ARQ Wealth Advisors LLC Acquires 51,982 Shares of Columbia Research Enhanced Core ETF $RECS

ARQ Wealth Advisors LLC increased its stake in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 18.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 337,045 shares of the company’s stock after purchasing an additional 51,982 shares during the quarter. Columbia Research Enhanced Core ETF comprises about 2.4% of ARQ Wealth Advisors LLC’s portfolio, making the stock its 3rd biggest holding. ARQ Wealth Advisors LLC owned 0.26% of Columbia Research Enhanced Core ETF worth $13,138,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. LPL Financial LLC lifted its stake in shares of 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 during the period. Jane Street Group LLC lifted its position in Columbia Research Enhanced Core ETF by 49,303.3% in the second quarter. Jane Street Group LLC now owns 16,658,312 shares of the company’s stock worth $612,859,000 after purchasing an additional 16,624,593 shares during the period. Ameriprise Financial Inc. boosted its stake in Columbia Research Enhanced Core ETF by 1.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 13,203,009 shares of the company’s stock valued at $532,756,000 after purchasing an additional 239,164 shares in the last quarter. Bank of America Corp DE increased its position in shares of Columbia Research Enhanced Core ETF by 32.0% during the 3rd quarter. Bank of America Corp DE now owns 5,842,374 shares of the company’s stock valued at $235,740,000 after purchasing an additional 1,417,178 shares during the period. Finally, Morgan Stanley raised its stake in shares of Columbia Research Enhanced Core ETF by 32.0% in the 4th quarter. Morgan Stanley now owns 5,215,842 shares of the company’s stock worth $213,015,000 after buying an additional 1,265,928 shares in the last quarter.

Columbia Research Enhanced Core ETF Trading Up 0.9%

RECS stock traded up $0.41 during trading hours on Friday, hitting $44.44. 293,681 shares of the stock traded hands, compared to its average volume of 611,159. The stock has a 50-day simple moving average of $43.16 and a 200 day simple moving average of $41.57. The company has a market cap of $5.93 billion, a P/E ratio of 22.01 and a beta of 0.93. Columbia Research Enhanced Core ETF has a one year low of $36.85 and a one year high of $44.48.

Columbia Research Enhanced Core ETF Company 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.