Stadion Money Management LLC Acquires New Shares in Columbia Research Enhanced Core ETF $RECS

Stadion Money Management LLC bought a new position in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) in the 1st quarter, HoldingsChannel.com reports. The fund bought 811,668 shares of the company’s stock, valued at approximately $31,639,000. Columbia Research Enhanced Core ETF comprises about 3.2% of Stadion Money Management LLC’s holdings, making the stock its 9th biggest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cetera Investment Advisers grew its holdings in shares of Columbia Research Enhanced Core ETF by 8.7% during the 1st quarter. Cetera Investment Advisers now owns 1,432,489 shares of the company’s stock worth $55,838,000 after purchasing an additional 115,257 shares during the period. Scarborough Advisors LLC increased its position in shares of Columbia Research Enhanced Core ETF by 0.4% during the first quarter. Scarborough Advisors LLC now owns 538,183 shares of the company’s stock valued at $20,978,000 after acquiring an additional 2,243 shares during the last quarter. Aire Advisors LLC purchased a new stake in shares of Columbia Research Enhanced Core ETF in the 1st quarter valued at approximately $249,000. Sigma Planning Corp purchased a new stake in shares of Columbia Research Enhanced Core ETF in the 1st quarter valued at approximately $580,000. Finally, First Growth Capital LLC lifted its holdings in shares of Columbia Research Enhanced Core ETF by 1.4% in the 1st quarter. First Growth Capital LLC now owns 55,684 shares of the company’s stock worth $2,186,000 after acquiring an additional 768 shares during the last quarter.

Columbia Research Enhanced Core ETF Stock Performance

NYSEARCA:RECS opened at $44.17 on Friday. The stock has a market capitalization of $5.89 billion, a P/E ratio of 22.01 and a beta of 0.93. The company has a 50 day moving average price of $43.51 and a 200 day moving average price of $41.79. Columbia Research Enhanced Core ETF has a fifty-two week low of $37.00 and a fifty-two week high of $44.70.

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.