KWB Wealth Has $27.51 Million Stock Holdings in Columbia Research Enhanced Core ETF $RECS

KWB Wealth raised its stake in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 30.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 635,710 shares of the company’s stock after buying an additional 148,675 shares during the period. Columbia Research Enhanced Core ETF comprises approximately 2.4% of KWB Wealth’s holdings, making the stock its 9th largest position. KWB Wealth owned approximately 0.48% of Columbia Research Enhanced Core ETF worth $27,514,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of RECS. Jane Street Group LLC grew its holdings in shares of Columbia Research Enhanced Core ETF by 49,303.3% in the second quarter. Jane Street Group LLC now owns 16,658,312 shares of the company’s stock worth $612,859,000 after acquiring an additional 16,624,593 shares during the period. LPL Financial LLC lifted its holdings in Columbia Research Enhanced Core ETF by 26.6% in the fourth quarter. LPL Financial LLC now owns 17,374,371 shares of the company’s stock valued at $709,569,000 after acquiring an additional 3,650,956 shares during the period. Ameriprise Financial Inc. lifted its holdings in Columbia Research Enhanced Core ETF by 22.3% in the second quarter. Ameriprise Financial Inc. now owns 12,963,845 shares of the company’s stock valued at $476,940,000 after acquiring an additional 2,368,065 shares during the period. Osaic Holdings Inc. boosted its position in Columbia Research Enhanced Core ETF by 202.1% in the fourth quarter. Osaic Holdings Inc. now owns 2,773,915 shares of the company’s stock worth $113,315,000 after purchasing an additional 1,855,582 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in Columbia Research Enhanced Core ETF by 32.0% in the third quarter. Bank of America Corp DE now owns 5,842,374 shares of the company’s stock worth $235,740,000 after purchasing an additional 1,417,178 shares during the last quarter.

Columbia Research Enhanced Core ETF Stock Down 0.3%

Shares of NYSEARCA:RECS opened at $45.14 on Tuesday. The firm’s 50 day moving average price is $43.79 and its 200-day moving average price is $42.05. Columbia Research Enhanced Core ETF has a twelve month low of $37.79 and a twelve month high of $45.32. The stock has a market capitalization of $6.05 billion, a PE ratio of 22.01 and a beta of 0.92.

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.