Columbia Research Enhanced Core ETF $RECS Stock: KWB Wealth Reduces Holdings

KWB Wealth lessened its holdings in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 49.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 319,750 shares of the company’s stock after selling 315,960 shares during the quarter. Columbia Research Enhanced Core ETF makes up approximately 1.2% of KWB Wealth’s portfolio, making the stock its 18th largest holding. KWB Wealth’s holdings in Columbia Research Enhanced Core ETF were worth $14,418,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Gradient Investments LLC bought a new stake in shares of Columbia Research Enhanced Core ETF during the 3rd quarter worth $109,923,000. Ameritas Advisory Services LLC grew its stake in Columbia Research Enhanced Core ETF by 139.8% in the 2nd quarter. Ameritas Advisory Services LLC now owns 1,681,628 shares of the company’s stock valued at $72,781,000 after buying an additional 980,386 shares during the last quarter. Stadion Money Management LLC acquired a new position in Columbia Research Enhanced Core ETF in the 1st quarter valued at $31,639,000. Royal Bank of Canada raised its holdings in Columbia Research Enhanced Core ETF by 43.0% in the 1st quarter. Royal Bank of Canada now owns 1,173,365 shares of the company’s stock worth $45,738,000 after acquiring an additional 353,051 shares during the period. Finally, Cetera Investment Advisers raised its holdings in Columbia Research Enhanced Core ETF by 8.7% in the 1st quarter. Cetera Investment Advisers now owns 1,432,489 shares of the company’s stock worth $55,838,000 after acquiring an additional 115,257 shares during the period.

Columbia Research Enhanced Core ETF Trading Down 0.8%

Columbia Research Enhanced Core ETF stock traded down $0.38 on Friday, reaching $45.37. 416,043 shares of the stock were exchanged, compared to its average volume of 564,694. The stock has a market cap of $6.17 billion, a PE ratio of 22.01 and a beta of 0.92. Columbia Research Enhanced Core ETF has a twelve month low of $37.79 and a twelve month high of $46.03. The firm has a fifty day moving average price of $45.39 and a two-hundred day moving average price of $43.73.

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.