Essex Financial Services Inc. Boosts Stock Position in Columbia Research Enhanced Core ETF $RECS

Essex Financial Services Inc. boosted its position in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 18.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 422,201 shares of the company’s stock after acquiring an additional 65,086 shares during the quarter. Columbia Research Enhanced Core ETF accounts for approximately 0.9% of Essex Financial Services Inc.’s investment portfolio, making the stock its 21st biggest position. Essex Financial Services Inc. owned 0.33% of Columbia Research Enhanced Core ETF worth $16,457,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. PNC Financial Services Group Inc. acquired a new stake in shares of Columbia Research Enhanced Core ETF during the fourth quarter worth about $31,000. Mark Sheptoff Financial Planning LLC lifted its holdings in Columbia Research Enhanced Core ETF by 130.1% during the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 886 shares of the company’s stock worth $36,000 after buying an additional 501 shares in the last quarter. MAI Capital Management purchased a new position in Columbia Research Enhanced Core ETF in the 3rd quarter valued at approximately $38,000. Eagle Bay Advisors LLC purchased a new stake in shares of Columbia Research Enhanced Core ETF during the fourth quarter worth $50,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of Columbia Research Enhanced Core ETF in the fourth quarter valued at $59,000.

Columbia Research Enhanced Core ETF Trading Up 0.3%

NYSEARCA:RECS opened at $43.43 on Thursday. Columbia Research Enhanced Core ETF has a 12-month low of $36.83 and a 12-month high of $44.04. The firm has a market cap of $5.78 billion, a PE ratio of 22.01 and a beta of 0.93. The stock has a fifty day moving average price of $42.91 and a 200 day moving average price of $41.44.

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.