KWB Wealth Raises Stock Holdings in Columbia Research Enhanced Core ETF $RECS

KWB Wealth raised its stake in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 48.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 490,145 shares of the company’s stock after buying an additional 160,249 shares during the quarter. Columbia Research Enhanced Core ETF comprises about 1.9% of KWB Wealth’s portfolio, making the stock its 15th biggest holding. KWB Wealth’s holdings in Columbia Research Enhanced Core ETF were worth $20,018,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Archer Investment Corp purchased a new stake in shares of Columbia Research Enhanced Core ETF in the 3rd quarter valued at approximately $26,000. MAI Capital Management purchased a new position in shares of Columbia Research Enhanced Core ETF during the 3rd quarter worth approximately $38,000. Root Financial Partners LLC acquired a new stake in Columbia Research Enhanced Core ETF in the 3rd quarter valued at approximately $39,000. Trust Co. of Vermont acquired a new stake in Columbia Research Enhanced Core ETF in the 3rd quarter valued at approximately $60,000. Finally, Tripletail Wealth Management LLC purchased a new stake in Columbia Research Enhanced Core ETF in the third quarter valued at approximately $126,000.

Columbia Research Enhanced Core ETF Stock Up 1.2%

NYSEARCA:RECS opened at $39.12 on Tuesday. The stock’s fifty day moving average is $40.70 and its two-hundred day moving average is $40.61. Columbia Research Enhanced Core ETF has a 52 week low of $28.64 and a 52 week high of $41.81. The stock has a market capitalization of $4.80 billion, a price-to-earnings ratio of 22.01 and a beta of 0.95.

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.