Drake & Associates LLC Purchases 35,148 Shares of Columbia Research Enhanced Core ETF $RECS

Drake & Associates LLC grew its position in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 4.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 840,273 shares of the company’s stock after purchasing an additional 35,148 shares during the quarter. Columbia Research Enhanced Core ETF makes up about 7.6% of Drake & Associates LLC’s portfolio, making the stock its 2nd largest position. Drake & Associates LLC owned 1.01% of Columbia Research Enhanced Core ETF worth $30,914,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Bison Wealth LLC acquired a new position in Columbia Research Enhanced Core ETF in the fourth quarter valued at $237,000. Daymark Wealth Partners LLC bought a new position in shares of Columbia Research Enhanced Core ETF in the 1st quarter worth about $20,972,000. Bensler LLC lifted its stake in shares of Columbia Research Enhanced Core ETF by 2.7% in the 1st quarter. Bensler LLC now owns 219,558 shares of the company’s stock valued at $7,292,000 after purchasing an additional 5,773 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Columbia Research Enhanced Core ETF by 38.2% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 64,833 shares of the company’s stock valued at $2,153,000 after purchasing an additional 17,925 shares during the period. Finally, IAG Wealth Partners LLC boosted its position in shares of Columbia Research Enhanced Core ETF by 38.4% during the 1st quarter. IAG Wealth Partners LLC now owns 121,949 shares of the company’s stock valued at $4,050,000 after purchasing an additional 33,811 shares in the last quarter.

Columbia Research Enhanced Core ETF Price Performance

NYSEARCA RECS opened at $40.52 on Tuesday. The stock has a market capitalization of $3.87 billion, a P/E ratio of 22.01 and a beta of 0.99. The business has a 50 day simple moving average of $39.12 and a 200 day simple moving average of $36.15. Columbia Research Enhanced Core ETF has a one year low of $28.64 and a one year high of $40.69.

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.