US Bancorp DE Buys New Position in Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

US Bancorp DE bought a new stake in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 1,224 shares of the company’s stock, valued at approximately $42,000.

Other large investors have also recently made changes to their positions in the company. Comprehensive Financial Planning Inc. PA purchased a new position in shares of Columbia Research Enhanced Core ETF during the 4th quarter worth approximately $37,000. Global Retirement Partners LLC purchased a new position in shares of Columbia Research Enhanced Core ETF during the 4th quarter worth approximately $92,000. AdvisorNet Financial Inc purchased a new position in shares of Columbia Research Enhanced Core ETF during the 4th quarter worth approximately $182,000. Perigon Wealth Management LLC purchased a new position in shares of Columbia Research Enhanced Core ETF during the 4th quarter worth approximately $213,000. Finally, Tcfg Wealth Management LLC purchased a new position in shares of Columbia Research Enhanced Core ETF during the 4th quarter worth approximately $214,000.

Columbia Research Enhanced Core ETF Trading Down 0.9 %

Shares of RECS stock opened at $33.19 on Wednesday. The company has a market cap of $2.09 billion, a price-to-earnings ratio of 21.87 and a beta of 0.93. The stock has a 50 day simple moving average of $35.01 and a 200-day simple moving average of $34.78. Columbia Research Enhanced Core ETF has a 12-month low of $29.41 and a 12-month high of $36.60.

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.