Columbia Research Enhanced Core ETF $RECS is Byrne Financial Freedom LLC’s 6th Largest Position

Byrne Financial Freedom LLC increased its position in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 35.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 199,365 shares of the company’s stock after buying an additional 52,192 shares during the quarter. Columbia Research Enhanced Core ETF comprises 3.7% of Byrne Financial Freedom LLC’s holdings, making the stock its 6th largest position. Byrne Financial Freedom LLC’s holdings in Columbia Research Enhanced Core ETF were worth $8,142,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. boosted its stake in shares of Columbia Research Enhanced Core ETF by 20.2% in the third quarter. Envestnet Asset Management Inc. now owns 78,989 shares of the company’s stock valued at $3,187,000 after purchasing an additional 13,293 shares during the period. KWB Wealth boosted its stake in shares of Columbia Research Enhanced Core ETF by 48.6% in the fourth quarter. KWB Wealth now owns 490,145 shares of the company’s stock valued at $20,018,000 after purchasing an additional 160,249 shares during the period. Daymark Wealth Partners LLC raised its holdings in Columbia Research Enhanced Core ETF by 16.5% in the fourth quarter. Daymark Wealth Partners LLC now owns 887,613 shares of the company’s stock valued at $36,250,000 after acquiring an additional 125,673 shares in the last quarter. Stratos Wealth Partners LTD. boosted its stake in Columbia Research Enhanced Core ETF by 2.4% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 1,548,294 shares of the company’s stock valued at $62,474,000 after acquiring an additional 36,660 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV bought a new position in Columbia Research Enhanced Core ETF during the 4th quarter valued at $523,000.

Columbia Research Enhanced Core ETF Price Performance

NYSEARCA RECS opened at $42.67 on Monday. Columbia Research Enhanced Core ETF has a 12 month low of $33.30 and a 12 month high of $42.82. The company has a market capitalization of $5.47 billion, a price-to-earnings ratio of 22.01 and a beta of 0.93. The company’s fifty day moving average price is $40.46 and its two-hundred day moving average price is $40.78.

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.