Kingsview Wealth Management LLC Takes Position in Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Kingsview Wealth Management LLC bought a new stake in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 94,888 shares of the company’s stock, valued at approximately $3,218,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Allworth Financial LP acquired a new position in Columbia Research Enhanced Core ETF during the third quarter worth approximately $48,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Columbia Research Enhanced Core ETF by 21.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,830 shares of the company’s stock worth $124,000 after acquiring an additional 681 shares during the period. Harbour Investments Inc. acquired a new position in shares of Columbia Research Enhanced Core ETF during the 2nd quarter worth approximately $170,000. Great Valley Advisor Group Inc. bought a new stake in Columbia Research Enhanced Core ETF in the 2nd quarter valued at $215,000. Finally, Sanctuary Advisors LLC acquired a new stake in Columbia Research Enhanced Core ETF during the 2nd quarter valued at $220,000.

Columbia Research Enhanced Core ETF Stock Performance

Shares of RECS stock opened at $35.65 on Monday. Columbia Research Enhanced Core ETF has a 52 week low of $26.51 and a 52 week high of $35.86. The company has a market capitalization of $616.75 million, a price-to-earnings ratio of 21.72 and a beta of 0.96. The company has a 50-day simple moving average of $34.46 and a 200 day simple moving average of $33.00.

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.