Marshall Wace LLP Raises Stake in Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Marshall Wace LLP increased its stake in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 16.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 20,982 shares of the company’s stock after buying an additional 2,959 shares during the period. Marshall Wace LLP owned about 0.12% of Columbia Research Enhanced Core ETF worth $677,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Raymond James Financial Services Advisors Inc. increased its holdings in Columbia Research Enhanced Core ETF by 14.5% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 315,971 shares of the company’s stock worth $10,196,000 after acquiring an additional 39,958 shares during the last quarter. Raymond James & Associates raised its position in shares of Columbia Research Enhanced Core ETF by 5.6% in the second quarter. Raymond James & Associates now owns 244,885 shares of the company’s stock valued at $7,902,000 after purchasing an additional 12,989 shares during the period. Commonwealth Equity Services LLC boosted its holdings in Columbia Research Enhanced Core ETF by 73.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 411,577 shares of the company’s stock worth $13,282,000 after buying an additional 174,210 shares during the period. LPL Financial LLC boosted its holdings in Columbia Research Enhanced Core ETF by 45.2% in the 2nd quarter. LPL Financial LLC now owns 3,955,094 shares of the company’s stock worth $127,631,000 after buying an additional 1,230,279 shares during the period. Finally, Great Valley Advisor Group Inc. purchased a new position in Columbia Research Enhanced Core ETF in the 2nd quarter valued at approximately $215,000.

Columbia Research Enhanced Core ETF Price Performance

NYSEARCA:RECS opened at $33.86 on Wednesday. Columbia Research Enhanced Core ETF has a 1 year low of $24.05 and a 1 year high of $34.19. The stock’s fifty day moving average price is $32.85 and its two-hundred day moving average price is $31.93. The company has a market cap of $585.78 million, a P/E ratio of 21.72 and a beta of 0.96.

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.