Three Cord True Wealth Management LLC Has $19.25 Million Holdings in Columbia Research Enhanced Core ETF $RECS

Three Cord True Wealth Management LLC boosted its stake in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 7.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 523,209 shares of the company’s stock after purchasing an additional 37,159 shares during the quarter. Columbia Research Enhanced Core ETF makes up approximately 14.4% of Three Cord True Wealth Management LLC’s holdings, making the stock its 2nd largest position. Three Cord True Wealth Management LLC owned approximately 0.63% of Columbia Research Enhanced Core ETF worth $19,249,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Ameriprise Financial Inc. boosted its position in Columbia Research Enhanced Core ETF by 519.4% during the 1st quarter. Ameriprise Financial Inc. now owns 10,595,780 shares of the company’s stock worth $351,885,000 after acquiring an additional 8,885,095 shares during the period. LPL Financial LLC boosted its position in Columbia Research Enhanced Core ETF by 11.0% during the 1st quarter. LPL Financial LLC now owns 8,987,115 shares of the company’s stock worth $298,462,000 after acquiring an additional 893,397 shares during the period. Raymond James Financial Inc. boosted its position in Columbia Research Enhanced Core ETF by 73.6% during the 1st quarter. Raymond James Financial Inc. now owns 2,748,138 shares of the company’s stock worth $91,266,000 after acquiring an additional 1,164,853 shares during the period. Gradient Investments LLC boosted its position in Columbia Research Enhanced Core ETF by 1.2% during the 2nd quarter. Gradient Investments LLC now owns 2,031,726 shares of the company’s stock worth $74,747,000 after acquiring an additional 23,591 shares during the period. Finally, Stratos Investment Management LLC lifted its holdings in shares of Columbia Research Enhanced Core ETF by 4.4% in the second quarter. Stratos Investment Management LLC now owns 1,978,098 shares of the company’s stock valued at $72,774,000 after buying an additional 83,113 shares during the period.

Columbia Research Enhanced Core ETF Stock Down 0.0%

Shares of Columbia Research Enhanced Core ETF stock opened at $40.51 on Friday. The business has a fifty day simple moving average of $39.08 and a 200-day simple moving average of $36.08. The firm has a market cap of $3.87 billion, a price-to-earnings ratio of 22.01 and a beta of 0.99. Columbia Research Enhanced Core ETF has a fifty-two week low of $28.64 and a fifty-two week high of $40.69.

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.