Northwestern Mutual Wealth Management Co. Buys 681 Shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Northwestern Mutual Wealth Management Co. lifted its position in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 21.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 3,830 shares of the company’s stock after purchasing an additional 681 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Columbia Research Enhanced Core ETF were worth $124,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in RECS. Harbour Investments Inc. purchased a new stake in Columbia Research Enhanced Core ETF in the 2nd quarter worth approximately $170,000. Great Valley Advisor Group Inc. purchased a new stake in Columbia Research Enhanced Core ETF in the second quarter worth $215,000. B. Riley Wealth Advisors Inc. bought a new stake in Columbia Research Enhanced Core ETF in the fourth quarter valued at $254,000. Essex Financial Services Inc. purchased a new position in Columbia Research Enhanced Core ETF during the 2nd quarter valued at $477,000. Finally, Marshall Wace LLP increased its position in Columbia Research Enhanced Core ETF by 16.4% during the 2nd quarter. Marshall Wace LLP now owns 20,982 shares of the company’s stock valued at $677,000 after purchasing an additional 2,959 shares during the period.

Columbia Research Enhanced Core ETF Trading Up 1.1 %

NYSEARCA:RECS opened at $34.54 on Friday. The company has a 50-day moving average price of $33.01 and a 200-day moving average price of $32.01. The stock has a market cap of $597.54 million, a price-to-earnings ratio of 21.72 and a beta of 0.96. Columbia Research Enhanced Core ETF has a 12 month low of $24.05 and a 12 month high of $34.54.

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.