Pine Valley Investments Ltd Liability Co Acquires 26,797 Shares of Columbia Research Enhanced Core ETF $RECS

Pine Valley Investments Ltd Liability Co raised its holdings in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 12.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 243,577 shares of the company’s stock after buying an additional 26,797 shares during the period. Pine Valley Investments Ltd Liability Co’s holdings in Columbia Research Enhanced Core ETF were worth $9,495,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of RECS. Bison Wealth LLC bought a new stake in shares of Columbia Research Enhanced Core ETF in the 4th quarter valued at about $237,000. Jane Street Group LLC bought a new position in Columbia Research Enhanced Core ETF during the 1st quarter worth approximately $1,120,000. Marshall Wace LLP bought a new position in Columbia Research Enhanced Core ETF during the 2nd quarter worth approximately $3,493,000. Raymond James Financial Inc. grew its position in Columbia Research Enhanced Core ETF by 15.3% during the 2nd quarter. Raymond James Financial Inc. now owns 3,167,950 shares of the company’s stock worth $116,549,000 after acquiring an additional 419,812 shares during the last quarter. Finally, Graney & King LLC increased its stake in Columbia Research Enhanced Core ETF by 444.7% in the 2nd quarter. Graney & King LLC now owns 5,447 shares of the company’s stock worth $200,000 after purchasing an additional 4,447 shares during the period.

Columbia Research Enhanced Core ETF Stock Performance

Shares of RECS stock opened at $43.76 on Monday. Columbia Research Enhanced Core ETF has a fifty-two week low of $37.00 and a fifty-two week high of $44.70. The stock has a 50 day moving average price of $43.63 and a two-hundred day moving average price of $41.89. The company has a market capitalization of $5.87 billion, a P/E ratio of 22.01 and a beta of 0.93.

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.