Columbia Research Enhanced Core ETF $RECS Shares Purchased by Essex Financial Services Inc.

Essex Financial Services Inc. boosted its holdings in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 18.2% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 422,201 shares of the company’s stock after purchasing an additional 65,086 shares during the quarter. Columbia Research Enhanced Core ETF makes up approximately 0.9% of Essex Financial Services Inc.’s holdings, making the stock its 21st largest position. Essex Financial Services Inc.’s holdings in Columbia Research Enhanced Core ETF were worth $16,457,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Bison Wealth LLC acquired a new stake in shares of Columbia Research Enhanced Core ETF during the 4th quarter worth about $237,000. Jane Street Group LLC acquired a new stake in Columbia Research Enhanced Core ETF during the first quarter worth approximately $1,120,000. Marshall Wace LLP purchased a new position in shares of Columbia Research Enhanced Core ETF in the 2nd quarter valued at $3,493,000. Raymond James Financial Inc. grew its position in shares of Columbia Research Enhanced Core ETF by 15.3% in the 2nd quarter. Raymond James Financial Inc. now owns 3,167,950 shares of the company’s stock valued at $116,549,000 after buying an additional 419,812 shares during the last quarter. Finally, Graney & King LLC raised its stake in Columbia Research Enhanced Core ETF by 444.7% during the 2nd quarter. Graney & King LLC now owns 5,447 shares of the company’s stock worth $200,000 after acquiring an additional 4,447 shares in the last quarter.

Columbia Research Enhanced Core ETF Stock Performance

Shares of RECS stock opened at $43.43 on Thursday. The stock’s 50-day moving average is $42.91 and its two-hundred day moving average is $41.44. Columbia Research Enhanced Core ETF has a 1 year low of $36.83 and a 1 year high of $44.04. The firm has a market cap of $5.78 billion, a price-to-earnings 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.