Three Cord True Wealth Management LLC Has $25.83 Million Stock Position in Columbia Research Enhanced Core ETF $RECS

Three Cord True Wealth Management LLC lifted its stake in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 17.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 632,410 shares of the company’s stock after acquiring an additional 96,135 shares during the period. Columbia Research Enhanced Core ETF accounts for 15.0% of Three Cord True Wealth Management LLC’s portfolio, making the stock its largest position. Three Cord True Wealth Management LLC owned 0.52% of Columbia Research Enhanced Core ETF worth $25,828,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the stock. Jane Street Group LLC raised its position in shares of Columbia Research Enhanced Core ETF by 49,303.3% in the 2nd 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. raised its position in shares of Columbia Research Enhanced Core ETF by 1.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 13,203,009 shares of the company’s stock worth $532,756,000 after acquiring an additional 239,164 shares in the last quarter. Bank of America Corp DE raised its position in shares of Columbia Research Enhanced Core ETF by 32.0% in the 3rd quarter. Bank of America Corp DE now owns 5,842,374 shares of the company’s stock worth $235,740,000 after acquiring an additional 1,417,178 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of Columbia Research Enhanced Core ETF by 27.8% in the 3rd quarter. Raymond James Financial Inc. now owns 4,049,122 shares of the company’s stock worth $163,382,000 after acquiring an additional 881,172 shares in the last quarter. Finally, Bogart Wealth LLC increased its position in Columbia Research Enhanced Core ETF by 0.8% during the 4th quarter. Bogart Wealth LLC now owns 2,241,186 shares of the company’s stock valued at $91,530,000 after buying an additional 16,820 shares in the last quarter.

Columbia Research Enhanced Core ETF Price Performance

Shares of NYSEARCA:RECS opened at $42.64 on Monday. The business’s 50-day moving average is $40.67 and its 200 day moving average is $40.87. Columbia Research Enhanced Core ETF has a 1 year low of $34.08 and a 1 year high of $43.22. The firm has a market capitalization of $5.47 billion, a P/E 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.