Western Wealth Management LLC Raises Holdings in Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Western Wealth Management LLC lifted its holdings in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 12.6% in the 2nd quarter, Holdings Channel reports. The firm owned 27,619 shares of the company’s stock after acquiring an additional 3,100 shares during the period. Western Wealth Management LLC’s holdings in Columbia Research Enhanced Core ETF were worth $891,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Great Valley Advisor Group Inc. purchased a new stake in Columbia Research Enhanced Core ETF in the second quarter worth approximately $215,000. B. Riley Wealth Advisors Inc. bought a new position in shares of Columbia Research Enhanced Core ETF during the 4th quarter valued at $254,000. Paragon Private Wealth Management LLC boosted its stake in shares of Columbia Research Enhanced Core ETF by 8.5% in the 4th quarter. Paragon Private Wealth Management LLC now owns 32,332 shares of the company’s stock worth $896,000 after buying an additional 2,546 shares during the last quarter. IAG Wealth Partners LLC bought a new stake in shares of Columbia Research Enhanced Core ETF in the second quarter worth $1,100,000. Finally, Cambridge Investment Research Advisors Inc. increased its position in Columbia Research Enhanced Core ETF by 22.5% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 45,890 shares of the company’s stock valued at $1,422,000 after acquiring an additional 8,431 shares during the last quarter.

Columbia Research Enhanced Core ETF Stock Performance

RECS stock opened at $33.21 on Tuesday. The company has a market cap of $574.53 million, a price-to-earnings ratio of 21.72 and a beta of 0.96. The business’s 50-day moving average is $32.33 and its two-hundred day moving average is $31.08. Columbia Research Enhanced Core ETF has a fifty-two week low of $24.05 and a fifty-two week high of $33.41.

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.