LPL Financial LLC Grows Stock Position in Columbia Research Enhanced Core ETF $RECS

LPL Financial LLC raised its stake in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 26.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 17,374,371 shares of the company’s stock after buying an additional 3,650,956 shares during the period. LPL Financial LLC owned about 0.14% of Columbia Research Enhanced Core ETF worth $709,569,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Palumbo Wealth Management LLC raised its stake in shares of Columbia Research Enhanced Core ETF by 1.2% during the 4th quarter. Palumbo Wealth Management LLC now owns 20,104 shares of the company’s stock valued at $821,000 after buying an additional 247 shares during the last quarter. Perigon Wealth Management LLC raised its stake in shares of Columbia Research Enhanced Core ETF by 4.2% during the 4th quarter. Perigon Wealth Management LLC now owns 7,318 shares of the company’s stock valued at $299,000 after buying an additional 295 shares during the last quarter. Truist Financial Corp raised its stake in shares of Columbia Research Enhanced Core ETF by 2.2% during the 4th quarter. Truist Financial Corp now owns 20,203 shares of the company’s stock valued at $825,000 after buying an additional 433 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of Columbia Research Enhanced Core ETF by 7.5% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 6,354 shares of the company’s stock valued at $256,000 after buying an additional 442 shares during the last quarter. Finally, Keystone Financial Services LLC raised its stake in shares of Columbia Research Enhanced Core ETF by 8.7% during the 4th quarter. Keystone Financial Services LLC now owns 7,402 shares of the company’s stock valued at $302,000 after buying an additional 593 shares during the last quarter.

Columbia Research Enhanced Core ETF Stock Performance

NYSEARCA RECS opened at $43.21 on Monday. The stock has a 50-day simple moving average of $41.80 and a two-hundred day simple moving average of $41.15. The firm has a market capitalization of $5.54 billion, a P/E ratio of 22.01 and a beta of 0.93. Columbia Research Enhanced Core ETF has a fifty-two week low of $35.25 and a fifty-two week high of $44.01.

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.