Three Cord True Wealth Management LLC Buys 96,135 Shares of Columbia Research Enhanced Core ETF $RECS

Three Cord True Wealth Management LLC increased its stake in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 17.9% during the 4th quarter, Holdings Channel reports. The fund owned 632,410 shares of the company’s stock after purchasing an additional 96,135 shares during the quarter. Columbia Research Enhanced Core ETF makes up approximately 15.0% of Three Cord True Wealth Management LLC’s investment portfolio, making the stock its biggest position. Three Cord True Wealth Management LLC’s holdings in Columbia Research Enhanced Core ETF were worth $25,828,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Archer Investment Corp acquired a new stake in Columbia Research Enhanced Core ETF in the third quarter valued at $26,000. MAI Capital Management acquired a new stake in Columbia Research Enhanced Core ETF in the third quarter valued at $38,000. Root Financial Partners LLC acquired a new stake in Columbia Research Enhanced Core ETF in the third quarter valued at $39,000. Eagle Bay Advisors LLC acquired a new stake in Columbia Research Enhanced Core ETF in the fourth quarter valued at $50,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in Columbia Research Enhanced Core ETF in the fourth quarter valued at $59,000.

Columbia Research Enhanced Core ETF Price Performance

Columbia Research Enhanced Core ETF stock opened at $42.64 on Monday. Columbia Research Enhanced Core ETF has a 1-year low of $34.08 and a 1-year high of $43.22. The stock has a market cap of $5.47 billion, a PE ratio of 22.01 and a beta of 0.93. The stock’s fifty day moving average is $40.67 and its two-hundred day moving average is $40.87.

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.