Tower Wealth Partners Inc. Buys 6,077 Shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Tower Wealth Partners Inc. grew its holdings in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 1.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 474,119 shares of the company’s stock after purchasing an additional 6,077 shares during the quarter. Columbia Research Enhanced Core ETF makes up about 8.4% of Tower Wealth Partners Inc.’s investment portfolio, making the stock its 4th biggest position. Tower Wealth Partners Inc.’s holdings in Columbia Research Enhanced Core ETF were worth $15,745,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Graney & King LLC purchased a new position in shares of Columbia Research Enhanced Core ETF during the 4th quarter worth $35,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of Columbia Research Enhanced Core ETF during the 4th quarter worth $37,000. US Bancorp DE purchased a new position in shares of Columbia Research Enhanced Core ETF during the 4th quarter worth $42,000. Comerica Bank lifted its stake in shares of Columbia Research Enhanced Core ETF by 47.4% during the 4th quarter. Comerica Bank now owns 1,506 shares of the company’s stock worth $52,000 after purchasing an additional 484 shares during the period. Finally, Ameriflex Group Inc. purchased a new position in shares of Columbia Research Enhanced Core ETF during the 4th quarter worth $68,000.

Columbia Research Enhanced Core ETF Stock Up 1.1%

Shares of Columbia Research Enhanced Core ETF stock opened at $35.56 on Friday. The firm has a market cap of $2.80 billion, a PE ratio of 22.05 and a beta of 0.92. The business’s fifty day moving average is $33.10 and its two-hundred day moving average is $34.38. Columbia Research Enhanced Core ETF has a fifty-two week low of $28.64 and a fifty-two week high of $36.60.

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.