Cetera Investment Advisers Purchases 115,257 Shares of Columbia Research Enhanced Core ETF $RECS

Cetera Investment Advisers increased its position in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 8.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,432,489 shares of the company’s stock after buying an additional 115,257 shares during the period. Cetera Investment Advisers’ holdings in Columbia Research Enhanced Core ETF were worth $55,838,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in RECS. World Investment Advisors increased its stake in Columbia Research Enhanced Core ETF by 7.9% in the 4th quarter. World Investment Advisors now owns 166,365 shares of the company’s stock worth $6,794,000 after acquiring an additional 12,189 shares during the last quarter. Stratos Wealth Partners LTD. boosted its position in shares of Columbia Research Enhanced Core ETF by 5.4% during the 4th quarter. Stratos Wealth Partners LTD. now owns 1,632,519 shares of the company’s stock valued at $66,672,000 after acquiring an additional 84,225 shares during the last quarter. Tempus Wealth Planning LLC bought a new position in shares of Columbia Research Enhanced Core ETF during the 4th quarter valued at approximately $1,119,000. Snider Financial Group grew its holdings in shares of Columbia Research Enhanced Core ETF by 36.6% in the fourth quarter. Snider Financial Group now owns 184,821 shares of the company’s stock valued at $7,548,000 after purchasing an additional 49,523 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV purchased a new position in shares of Columbia Research Enhanced Core ETF in the fourth quarter valued at $523,000.

Columbia Research Enhanced Core ETF Stock Performance

Shares of RECS opened at $44.17 on Friday. The company’s fifty day moving average is $43.51 and its 200 day moving average is $41.79. Columbia Research Enhanced Core ETF has a fifty-two week low of $37.00 and a fifty-two week high of $44.70. The stock has a market capitalization of $5.89 billion, a PE ratio of 22.01 and a beta of 0.93.

Columbia Research Enhanced Core ETF Company 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.