Perigon Wealth Management LLC Invests $213,000 in Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Perigon Wealth Management LLC purchased a new position in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 6,086 shares of the company’s stock, valued at approximately $213,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Allworth Financial LP purchased a new position in Columbia Research Enhanced Core ETF during the third quarter worth about $48,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Columbia Research Enhanced Core ETF by 21.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,830 shares of the company’s stock worth $124,000 after buying an additional 681 shares during the last quarter. AdvisorNet Financial Inc bought a new position in shares of Columbia Research Enhanced Core ETF in the 4th quarter worth $182,000. Sanctuary Advisors LLC bought a new position in shares of Columbia Research Enhanced Core ETF during the 2nd quarter valued at $220,000. Finally, Pine Valley Investments Ltd Liability Co bought a new position in shares of Columbia Research Enhanced Core ETF during the 3rd quarter valued at $263,000.

Columbia Research Enhanced Core ETF Stock Down 0.8 %

Shares of RECS opened at $35.26 on Tuesday. The stock has a market capitalization of $610.00 million, a P/E ratio of 21.72 and a beta of 0.96. The firm has a fifty day simple moving average of $35.47 and a two-hundred day simple moving average of $34.24. Columbia Research Enhanced Core ETF has a twelve month low of $28.82 and a twelve month high of $36.60.

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.