Riverbend Wealth Management LLC Buys Shares of 8,149 Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Riverbend Wealth Management LLC purchased a new position in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 8,149 shares of the company’s stock, valued at approximately $282,000.

Other large investors have also recently made changes to their positions in the company. LPL Financial LLC lifted its position in Columbia Research Enhanced Core ETF by 51.3% during the third quarter. LPL Financial LLC now owns 5,984,602 shares of the company’s stock valued at $202,938,000 after purchasing an additional 2,029,508 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Columbia Research Enhanced Core ETF during the 4th quarter valued at about $54,813,000. Stratos Investment Management LLC grew its stake in shares of Columbia Research Enhanced Core ETF by 47.2% during the 4th quarter. Stratos Investment Management LLC now owns 1,410,831 shares of the company’s stock valued at $48,843,000 after acquiring an additional 452,426 shares during the period. Amplius Wealth Advisors LLC grew its stake in shares of Columbia Research Enhanced Core ETF by 11.0% during the 4th quarter. Amplius Wealth Advisors LLC now owns 1,351,246 shares of the company’s stock valued at $46,780,000 after acquiring an additional 134,212 shares during the period. Finally, BlueStem Wealth Partners LLC purchased a new stake in Columbia Research Enhanced Core ETF in the 4th quarter worth approximately $41,438,000.

Columbia Research Enhanced Core ETF Price Performance

Shares of RECS stock opened at $33.29 on Tuesday. Columbia Research Enhanced Core ETF has a one year low of $29.41 and a one year high of $36.60. The company’s fifty day moving average price is $35.22 and its 200-day moving average price is $34.78. The company has a market capitalization of $2.10 billion, a price-to-earnings ratio of 21.87 and a beta of 0.93.

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.