Janney Montgomery Scott LLC Grows Stock Holdings in Columbia Research Enhanced Core ETF $RECS

Janney Montgomery Scott LLC lifted its holdings in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 311.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 125,153 shares of the company’s stock after acquiring an additional 94,765 shares during the period. Janney Montgomery Scott LLC owned approximately 0.10% of Columbia Research Enhanced Core ETF worth $4,878,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in RECS. Bison Wealth LLC purchased a new stake in Columbia Research Enhanced Core ETF during the 4th quarter worth $237,000. Jane Street Group LLC purchased a new position in Columbia Research Enhanced Core ETF in the first quarter valued at about $1,120,000. Marshall Wace LLP acquired a new position in shares of Columbia Research Enhanced Core ETF during the second quarter worth about $3,493,000. Raymond James Financial Inc. lifted its stake in shares of Columbia Research Enhanced Core ETF by 15.3% during the second quarter. Raymond James Financial Inc. now owns 3,167,950 shares of the company’s stock worth $116,549,000 after purchasing an additional 419,812 shares in the last quarter. Finally, Graney & King LLC boosted its position in shares of Columbia Research Enhanced Core ETF by 444.7% in the second quarter. Graney & King LLC now owns 5,447 shares of the company’s stock worth $200,000 after buying an additional 4,447 shares during the period.

Columbia Research Enhanced Core ETF Price Performance

Shares of NYSEARCA RECS opened at $43.49 on Monday. Columbia Research Enhanced Core ETF has a 1-year low of $36.85 and a 1-year high of $44.04. The company has a market capitalization of $5.79 billion, a price-to-earnings ratio of 22.01 and a beta of 0.93. The business has a 50-day moving average of $42.98 and a 200-day moving average of $41.47.

Columbia Research Enhanced Core ETF 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.