HBW Advisory Services LLC Makes New $1.03 Million Investment in Columbia Research Enhanced Core ETF $RECS

HBW Advisory Services LLC purchased a new position in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) in the third quarter, Holdings Channel.com reports. The firm purchased 25,396 shares of the company’s stock, valued at approximately $1,025,000.

Other institutional investors have also made changes to their positions in the company. Allworth Financial LP grew its stake in shares of Columbia Research Enhanced Core ETF by 38.4% in the 2nd quarter. Allworth Financial LP now owns 1,961 shares of the company’s stock valued at $72,000 after buying an additional 544 shares in the last quarter. Perigon Wealth Management LLC lifted its stake in Columbia Research Enhanced Core ETF by 10.6% in the second quarter. Perigon Wealth Management LLC now owns 6,927 shares of the company’s stock valued at $255,000 after acquiring an additional 666 shares during the last quarter. Empirical Asset Management LLC grew its position in Columbia Research Enhanced Core ETF by 1.4% in the second quarter. Empirical Asset Management LLC now owns 69,125 shares of the company’s stock worth $2,543,000 after acquiring an additional 936 shares in the last quarter. Harbour Investments Inc. grew its position in Columbia Research Enhanced Core ETF by 13.1% in the second quarter. Harbour Investments Inc. now owns 8,201 shares of the company’s stock worth $302,000 after acquiring an additional 951 shares in the last quarter. Finally, LM Advisors LLC increased its stake in shares of Columbia Research Enhanced Core ETF by 2.6% during the 2nd quarter. LM Advisors LLC now owns 40,568 shares of the company’s stock worth $1,493,000 after purchasing an additional 1,013 shares during the last quarter.

Columbia Research Enhanced Core ETF Trading Up 0.2%

Columbia Research Enhanced Core ETF stock opened at $41.41 on Friday. Columbia Research Enhanced Core ETF has a 1-year low of $28.64 and a 1-year high of $41.81. The firm’s fifty day simple moving average is $40.83 and its 200-day simple moving average is $39.22. The company has a market capitalization of $4.31 billion, a P/E ratio of 22.01 and a beta of 0.95.

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.