Pines Wealth Management LLC Invests $582,000 in Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Pines Wealth Management LLC purchased a new stake in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECSFree Report) in the fourth quarter, Holdings Channel reports. The firm purchased 16,935 shares of the company’s stock, valued at approximately $582,000.

A number of other hedge funds have also bought and sold shares of RECS. Allworth Financial LP bought a new position in Columbia Research Enhanced Core ETF in the 3rd quarter valued at $48,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Columbia Research Enhanced Core ETF by 21.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,830 shares of the company’s stock worth $124,000 after buying an additional 681 shares during the last quarter. AdvisorNet Financial Inc bought a new position in Columbia Research Enhanced Core ETF during the fourth quarter valued at about $182,000. Sanctuary Advisors LLC purchased a new position in Columbia Research Enhanced Core ETF in the second quarter valued at approximately $220,000. Finally, Pine Valley Investments Ltd Liability Co bought a new position in Columbia Research Enhanced Core ETF during the third quarter valued at $263,000.

Columbia Research Enhanced Core ETF Price Performance

NYSEARCA:RECS opened at $34.44 on Wednesday. Columbia Research Enhanced Core ETF has a 1 year low of $27.56 and a 1 year high of $36.60. The business has a fifty day simple moving average of $35.45 and a two-hundred day simple moving average of $33.98. The company has a market capitalization of $595.81 million, a P/E ratio of 21.72 and a beta of 0.96.

About Columbia Research Enhanced Core ETF

(Free Report)

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.

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Want to see what other hedge funds are holding RECS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Columbia Research Enhanced Core ETF (NYSEARCA:RECSFree Report).

Institutional Ownership by Quarter for Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

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