Commonwealth Equity Services LLC Increases Stock Holdings in Columbia Research Enhanced Core ETF $RECS

Commonwealth Equity Services LLC grew its holdings in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 77.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,517,266 shares of the company’s stock after purchasing an additional 1,097,173 shares during the period. Commonwealth Equity Services LLC owned about 3.02% of Columbia Research Enhanced Core ETF worth $92,610,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in RECS. Snider Financial Group purchased a new stake in Columbia Research Enhanced Core ETF during the 2nd quarter worth approximately $4,555,000. Retirement Planning Group LLC NY boosted its position in Columbia Research Enhanced Core ETF by 41.3% in the 2nd quarter. Retirement Planning Group LLC NY now owns 90,043 shares of the company’s stock valued at $3,313,000 after buying an additional 26,311 shares during the period. Bison Wealth LLC acquired a new position in shares of Columbia Research Enhanced Core ETF in the fourth quarter worth $237,000. Thoroughbred Financial Services LLC purchased a new stake in shares of Columbia Research Enhanced Core ETF during the first quarter worth $873,000. Finally, Essex Financial Services Inc. raised its stake in shares of Columbia Research Enhanced Core ETF by 22.6% in the second quarter. Essex Financial Services Inc. now owns 213,424 shares of the company’s stock valued at $7,852,000 after acquiring an additional 39,344 shares in the last quarter.

Columbia Research Enhanced Core ETF Trading Down 0.9%

NYSEARCA:RECS opened at $40.25 on Friday. Columbia Research Enhanced Core ETF has a 12-month low of $28.64 and a 12-month high of $41.64. The firm has a market cap of $4.19 billion, a PE ratio of 22.01 and a beta of 0.95. The stock has a fifty day moving average price of $40.04 and a 200 day moving average price of $37.48.

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.