Raymond James & Associates Buys 30,105 Shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Raymond James & Associates increased its stake in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 12.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 274,990 shares of the company’s stock after acquiring an additional 30,105 shares during the quarter. Raymond James & Associates owned approximately 1.59% of Columbia Research Enhanced Core ETF worth $9,325,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of RECS. Northwestern Mutual Wealth Management Co. raised its position in Columbia Research Enhanced Core ETF by 21.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,830 shares of the company’s stock valued at $124,000 after buying an additional 681 shares during the last quarter. Harbour Investments Inc. bought a new stake in Columbia Research Enhanced Core ETF during the 2nd quarter worth approximately $170,000. Great Valley Advisor Group Inc. purchased a new stake in shares of Columbia Research Enhanced Core ETF in the 2nd quarter valued at about $215,000. Sanctuary Advisors LLC purchased a new position in Columbia Research Enhanced Core ETF in the 2nd quarter worth approximately $220,000. Finally, WealthCare Investment Partners LLC purchased a new position in shares of Columbia Research Enhanced Core ETF in the 3rd quarter worth about $423,000.

Columbia Research Enhanced Core ETF Stock Performance

Shares of RECS opened at $34.65 on Wednesday. The firm has a 50 day moving average price of $33.65 and a 200-day moving average price of $32.35. Columbia Research Enhanced Core ETF has a fifty-two week low of $24.29 and a fifty-two week high of $34.87. The firm has a market cap of $599.45 million, a price-to-earnings ratio of 21.72 and a beta of 0.96.

About Columbia Research Enhanced Core ETF

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.