Columbia Research Enhanced Core ETF (NYSEARCA:RECS) Sees Strong Trading Volume – Here’s What Happened

Columbia Research Enhanced Core ETF (NYSEARCA:RECS) shares saw strong trading volume on Wednesday . 1,179,300 shares were traded during trading, an increase of 75% from the previous session’s volume of 674,175 shares.The stock last traded at $41.1350 and had previously closed at $41.16.

Columbia Research Enhanced Core ETF Stock Up 0.2%

The firm has a market capitalization of $4.29 billion, a price-to-earnings ratio of 22.01 and a beta of 0.95. The business has a 50-day moving average of $40.57 and a two-hundred day moving average of $38.70.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Bensler LLC increased its holdings in Columbia Research Enhanced Core ETF by 3.7% during the 2nd quarter. Bensler LLC now owns 227,616 shares of the company’s stock worth $8,374,000 after purchasing an additional 8,058 shares in the last quarter. Snider Financial Group acquired a new position in shares of Columbia Research Enhanced Core ETF during the second quarter worth about $4,555,000. Retirement Planning Group LLC NY grew its holdings in shares of Columbia Research Enhanced Core ETF by 41.3% during the second quarter. Retirement Planning Group LLC NY now owns 90,043 shares of the company’s stock worth $3,313,000 after buying an additional 26,311 shares in the last quarter. Steward Partners Investment Advisory LLC raised its position in Columbia Research Enhanced Core ETF by 13.8% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 90,084 shares of the company’s stock valued at $3,314,000 after buying an additional 10,909 shares during the last quarter. Finally, Bison Wealth LLC bought a new stake in Columbia Research Enhanced Core ETF in the 4th quarter valued at approximately $237,000.

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.