Western Wealth Management LLC Boosts Holdings in Columbia Research Enhanced Core ETF $RECS

Western Wealth Management LLC increased its holdings in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 10.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 133,938 shares of the company’s stock after acquiring an additional 12,796 shares during the quarter. Western Wealth Management LLC’s holdings in Columbia Research Enhanced Core ETF were worth $5,470,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Moneco Advisors LLC boosted its holdings in shares of Columbia Research Enhanced Core ETF by 32.2% in the fourth quarter. Moneco Advisors LLC now owns 7,480 shares of the company’s stock worth $305,000 after buying an additional 1,821 shares during the last quarter. Ameritas Advisory Services LLC boosted its holdings in shares of Columbia Research Enhanced Core ETF by 51.6% in the fourth quarter. Ameritas Advisory Services LLC now owns 440,340 shares of the company’s stock worth $17,983,000 after buying an additional 149,820 shares during the last quarter. World Investment Advisors boosted its holdings in shares of Columbia Research Enhanced Core ETF by 7.9% in the fourth quarter. World Investment Advisors now owns 166,365 shares of the company’s stock worth $6,794,000 after buying an additional 12,189 shares during the last quarter. Concentrum Wealth Management purchased a new position in shares of Columbia Research Enhanced Core ETF in the fourth quarter worth approximately $204,000. Finally, Byrne Financial Freedom LLC boosted its holdings in shares of Columbia Research Enhanced Core ETF by 35.5% in the fourth quarter. Byrne Financial Freedom LLC now owns 199,365 shares of the company’s stock worth $8,142,000 after buying an additional 52,192 shares during the last quarter.

Columbia Research Enhanced Core ETF Price Performance

Shares of NYSEARCA:RECS opened at $42.73 on Thursday. Columbia Research Enhanced Core ETF has a 1-year low of $34.08 and a 1-year high of $42.82. The company has a market capitalization of $5.48 billion, a P/E ratio of 22.01 and a beta of 0.93. The firm’s 50 day simple moving average is $40.58 and its two-hundred day simple moving average is $40.85.

Columbia Research Enhanced Core ETF 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.