ARQ Wealth Advisors LLC Buys 51,982 Shares of Columbia Research Enhanced Core ETF $RECS

ARQ Wealth Advisors LLC increased its stake in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 18.2% in the 1st quarter, Holdings Channel reports. The firm owned 337,045 shares of the company’s stock after purchasing an additional 51,982 shares during the period. Columbia Research Enhanced Core ETF accounts for approximately 2.4% of ARQ Wealth Advisors LLC’s holdings, making the stock its 3rd biggest position. ARQ Wealth Advisors LLC’s holdings in Columbia Research Enhanced Core ETF were worth $13,138,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Bison Wealth LLC acquired a new stake in shares of Columbia Research Enhanced Core ETF in the fourth quarter worth $237,000. Jane Street Group LLC acquired a new position in Columbia Research Enhanced Core ETF in the 1st quarter valued at $1,120,000. Marshall Wace LLP acquired a new position in Columbia Research Enhanced Core ETF in the 2nd quarter valued at $3,493,000. Raymond James Financial Inc. raised its holdings in Columbia Research Enhanced Core ETF by 15.3% in the 2nd quarter. Raymond James Financial Inc. now owns 3,167,950 shares of the company’s stock worth $116,549,000 after acquiring an additional 419,812 shares during the period. Finally, Graney & King LLC lifted its position in Columbia Research Enhanced Core ETF by 444.7% during the 2nd quarter. Graney & King LLC now owns 5,447 shares of the company’s stock worth $200,000 after acquiring an additional 4,447 shares during the last quarter.

Columbia Research Enhanced Core ETF Stock Up 0.9%

RECS stock traded up $0.41 during mid-day trading on Friday, reaching $44.44. 293,681 shares of the stock traded hands, compared to its average volume of 611,159. Columbia Research Enhanced Core ETF has a 52 week low of $36.85 and a 52 week high of $44.48. The business has a 50-day moving average of $43.16 and a two-hundred day moving average of $41.57. The firm has a market capitalization of $5.93 billion, a PE ratio of 22.01 and a beta of 0.93.

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.