LPL Financial LLC Acquires 2,029,508 Shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

LPL Financial LLC increased its holdings in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 51.3% during the third quarter, Holdings Channel.com reports. The firm owned 5,984,602 shares of the company’s stock after acquiring an additional 2,029,508 shares during the quarter. LPL Financial LLC owned 0.35% of Columbia Research Enhanced Core ETF worth $202,938,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. boosted its holdings in Columbia Research Enhanced Core ETF by 21.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,830 shares of the company’s stock valued at $124,000 after acquiring an additional 681 shares in the last quarter. Allworth Financial LP bought a new stake in shares of Columbia Research Enhanced Core ETF during the 3rd quarter valued at about $48,000. Marshall Wace LLP raised its stake in Columbia Research Enhanced Core ETF by 16.4% in the second quarter. Marshall Wace LLP now owns 20,982 shares of the company’s stock worth $677,000 after buying an additional 2,959 shares in the last quarter. Western Wealth Management LLC lifted its holdings in Columbia Research Enhanced Core ETF by 12.6% in the second quarter. Western Wealth Management LLC now owns 27,619 shares of the company’s stock worth $891,000 after buying an additional 3,100 shares during the period. Finally, Tyler Stone Wealth Management boosted its position in Columbia Research Enhanced Core ETF by 107.3% during the 3rd quarter. Tyler Stone Wealth Management now owns 8,494 shares of the company’s stock valued at $288,000 after acquiring an additional 4,397 shares in the last quarter.

Columbia Research Enhanced Core ETF Stock Up 0.3 %

NYSEARCA RECS opened at $35.53 on Friday. The stock’s 50 day moving average is $34.41 and its 200 day moving average is $32.93. The firm has a market capitalization of $614.67 million, a PE ratio of 21.72 and a beta of 0.96. Columbia Research Enhanced Core ETF has a twelve month low of $26.51 and a twelve month high of $35.86.

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.