Pine Valley Investments Ltd Liability Co Makes New $263,000 Investment in Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Pine Valley Investments Ltd Liability Co purchased a new stake in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 7,758 shares of the company’s stock, valued at approximately $263,000.

Other hedge funds have also bought and sold shares of the company. Great Valley Advisor Group Inc. purchased a new position in shares of Columbia Research Enhanced Core ETF during the 2nd quarter valued at $215,000. Raymond James & Associates raised its stake in shares of Columbia Research Enhanced Core ETF by 5.6% during the second quarter. Raymond James & Associates now owns 244,885 shares of the company’s stock valued at $7,902,000 after acquiring an additional 12,989 shares during the last quarter. Western Wealth Management LLC increased its holdings in Columbia Research Enhanced Core ETF by 12.6% during the 2nd quarter. Western Wealth Management LLC now owns 27,619 shares of the company’s stock valued at $891,000 after purchasing an additional 3,100 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in Columbia Research Enhanced Core ETF by 14.5% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 315,971 shares of the company’s stock worth $10,196,000 after buying an additional 39,958 shares during the period. Finally, Cambridge Investment Research Advisors Inc. grew its position in shares of Columbia Research Enhanced Core ETF by 13.7% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 52,156 shares of the company’s stock worth $1,683,000 after buying an additional 6,266 shares during the last quarter.

Columbia Research Enhanced Core ETF Stock Down 0.6 %

Shares of RECS stock opened at $35.93 on Friday. The firm has a market capitalization of $621.59 million, a price-to-earnings ratio of 21.72 and a beta of 0.96. The stock has a fifty day moving average of $35.21 and a 200 day moving average of $33.47. Columbia Research Enhanced Core ETF has a 52 week low of $27.24 and a 52 week high of $36.60.

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.