Columbia Research Enhanced Core ETF $RECS Shares Bought by Royal Bank of Canada

Royal Bank of Canada grew its holdings in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 43.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,173,365 shares of the company’s stock after purchasing an additional 353,051 shares during the period. Royal Bank of Canada owned about 0.92% of Columbia Research Enhanced Core ETF worth $45,738,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. LPL Financial LLC increased its position in Columbia Research Enhanced Core ETF by 26.6% during the fourth quarter. LPL Financial LLC now owns 17,374,371 shares of the company’s stock worth $709,569,000 after buying an additional 3,650,956 shares during the period. Jane Street Group LLC raised its position in 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 worth $612,859,000 after acquiring an additional 16,624,593 shares in the last quarter. Ameriprise Financial Inc. grew its position in Columbia Research Enhanced Core ETF by 22.3% during the second quarter. Ameriprise Financial Inc. now owns 12,963,845 shares of the company’s stock worth $476,940,000 after buying an additional 2,368,065 shares during the period. Bank of America Corp DE raised its holdings in Columbia Research Enhanced Core ETF by 32.0% during the third quarter. Bank of America Corp DE now owns 5,842,374 shares of the company’s stock worth $235,740,000 after purchasing an additional 1,417,178 shares during the last quarter. Finally, Morgan Stanley raised its stake in shares of Columbia Research Enhanced Core ETF by 32.0% during the 4th quarter. Morgan Stanley now owns 5,215,842 shares of the company’s stock worth $213,015,000 after buying an additional 1,265,928 shares during the last quarter.

Columbia Research Enhanced Core ETF Stock Performance

NYSEARCA RECS opened at $43.76 on Monday. The company has a market capitalization of $5.87 billion, a PE ratio of 22.01 and a beta of 0.93. Columbia Research Enhanced Core ETF has a twelve month low of $37.00 and a twelve month high of $44.70. The business’s 50-day moving average price is $43.63 and its 200 day moving average price is $41.89.

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.