Columbia Research Enhanced Core ETF $RECS Stake Boosted by IAG Wealth Partners LLC

IAG Wealth Partners LLC lifted its stake in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 143.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 296,568 shares of the company’s stock after acquiring an additional 174,619 shares during the quarter. Columbia Research Enhanced Core ETF makes up 1.4% of IAG Wealth Partners LLC’s portfolio, making the stock its 23rd biggest holding. IAG Wealth Partners LLC owned 0.35% of Columbia Research Enhanced Core ETF worth $10,911,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Allworth Financial LP grew its stake in Columbia Research Enhanced Core ETF by 38.4% in the second quarter. Allworth Financial LP now owns 1,961 shares of the company’s stock valued at $72,000 after purchasing an additional 544 shares in the last quarter. Private Trust Co. NA bought a new stake in shares of Columbia Research Enhanced Core ETF in the 2nd quarter valued at approximately $128,000. Comerica Bank increased its holdings in Columbia Research Enhanced Core ETF by 327.2% in the first quarter. Comerica Bank now owns 6,434 shares of the company’s stock worth $214,000 after buying an additional 4,928 shares during the last quarter. Bison Wealth LLC bought a new position in Columbia Research Enhanced Core ETF during the fourth quarter valued at approximately $237,000. Finally, Perigon Wealth Management LLC raised its position in Columbia Research Enhanced Core ETF by 10.6% during the second quarter. Perigon Wealth Management LLC now owns 6,927 shares of the company’s stock valued at $255,000 after acquiring an additional 666 shares in the last quarter.

Columbia Research Enhanced Core ETF Stock Up 0.2%

RECS stock opened at $41.03 on Wednesday. The firm has a 50 day moving average of $40.45 and a two-hundred day moving average of $38.47. Columbia Research Enhanced Core ETF has a 12 month low of $28.64 and a 12 month high of $41.64. The company has a market capitalization of $4.27 billion, a price-to-earnings ratio of 22.01 and a beta of 0.95.

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.