Optivise Advisory Services LLC Acquires New Stake in Columbia Research Enhanced Core ETF $RECS

Optivise Advisory Services LLC bought a new position in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 34,158 shares of the company’s stock, valued at approximately $1,378,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Jane Street Group LLC increased its stake in shares of Columbia Research Enhanced Core ETF by 49,303.3% in the second quarter. Jane Street Group LLC now owns 16,658,312 shares of the company’s stock valued at $612,859,000 after buying an additional 16,624,593 shares during the period. Ameriprise Financial Inc. boosted its holdings in Columbia Research Enhanced Core ETF by 22.3% in the second quarter. Ameriprise Financial Inc. now owns 12,963,845 shares of the company’s stock valued at $476,940,000 after acquiring an additional 2,368,065 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in Columbia Research Enhanced Core ETF by 15.3% in the second quarter. Raymond James Financial Inc. now owns 3,167,950 shares of the company’s stock valued at $116,549,000 after acquiring an additional 419,812 shares during the last quarter. Commonwealth Equity Services LLC increased its position in Columbia Research Enhanced Core ETF by 77.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 2,517,266 shares of the company’s stock valued at $92,610,000 after purchasing an additional 1,097,173 shares during the period. Finally, Gradient Investments LLC increased its position in Columbia Research Enhanced Core ETF by 5.2% during the 3rd quarter. Gradient Investments LLC now owns 2,138,180 shares of the company’s stock valued at $86,276,000 after purchasing an additional 106,454 shares during the period.

Columbia Research Enhanced Core ETF Stock Performance

Shares of NYSEARCA RECS opened at $41.41 on Monday. 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 has a 52-week low of $28.64 and a 52-week high of $41.81. The company’s 50 day moving average price is $40.83 and its 200-day moving average price is $39.25.

About Columbia Research Enhanced Core ETF

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.