Columbia Research Enhanced Core ETF $RECS Shares Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC lifted its position in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 12.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 372,885 shares of the company’s stock after buying an additional 40,950 shares during the quarter. Kestra Advisory Services LLC’s holdings in Columbia Research Enhanced Core ETF were worth $14,535,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Bison Wealth LLC acquired a new position in Columbia Research Enhanced Core ETF in the 4th quarter valued at about $237,000. Jane Street Group LLC acquired a new stake in shares of Columbia Research Enhanced Core ETF during the first quarter worth about $1,120,000. Marshall Wace LLP acquired a new stake in shares of Columbia Research Enhanced Core ETF during the second quarter worth about $3,493,000. Raymond James Financial Inc. boosted its stake in shares of 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 purchasing an additional 419,812 shares during the period. Finally, Graney & King LLC boosted its stake in shares of Columbia Research Enhanced Core ETF by 444.7% in the second quarter. Graney & King LLC now owns 5,447 shares of the company’s stock valued at $200,000 after purchasing an additional 4,447 shares during the period.

Columbia Research Enhanced Core ETF Price Performance

Shares of RECS stock traded up $0.41 during trading on Friday, reaching $44.44. The company’s stock had a trading volume of 293,681 shares, compared to its average volume of 611,159. The company has a market capitalization of $5.93 billion, a price-to-earnings ratio of 22.01 and a beta of 0.93. The stock’s 50-day moving average price is $43.16 and its 200 day moving average price is $41.57. Columbia Research Enhanced Core ETF has a 1-year low of $36.85 and a 1-year high of $44.48.

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.