LPL Financial LLC Has $280.21 Million Stock Position in Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

LPL Financial LLC increased its holdings in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 35.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,093,718 shares of the company’s stock after purchasing an additional 2,109,116 shares during the period. LPL Financial LLC owned approximately 0.47% of Columbia Research Enhanced Core ETF worth $280,205,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in RECS. Comprehensive Financial Planning Inc. PA acquired a new stake in Columbia Research Enhanced Core ETF during the fourth quarter worth approximately $37,000. US Bancorp DE acquired a new stake in Columbia Research Enhanced Core ETF during the fourth quarter worth approximately $42,000. Global Retirement Partners LLC bought a new position in Columbia Research Enhanced Core ETF in the fourth quarter worth approximately $92,000. AdvisorNet Financial Inc bought a new position in Columbia Research Enhanced Core ETF in the fourth quarter worth approximately $182,000. Finally, Perigon Wealth Management LLC bought a new position in Columbia Research Enhanced Core ETF in the fourth quarter worth approximately $213,000.

Columbia Research Enhanced Core ETF Stock Performance

Shares of NYSEARCA:RECS opened at $33.51 on Monday. The business’s 50 day simple moving average is $34.94 and its two-hundred day simple moving average is $34.79. The firm has a market cap of $2.11 billion, a P/E ratio of 21.87 and a beta of 0.93. Columbia Research Enhanced Core ETF has a 52-week low of $29.41 and a 52-week 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.