RiverTree Advisors LLC Makes New $1.60 Million Investment in Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

RiverTree Advisors LLC acquired a new stake in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 46,242 shares of the company’s stock, valued at approximately $1,601,000. Columbia Research Enhanced Core ETF makes up 1.1% of RiverTree Advisors LLC’s portfolio, making the stock its 27th largest position. RiverTree Advisors LLC owned about 0.27% of Columbia Research Enhanced Core ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its holdings in 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 valued at $124,000 after acquiring an additional 681 shares during the last quarter. Allworth Financial LP purchased a new stake in shares of Columbia Research Enhanced Core ETF in the third quarter worth about $48,000. IHT Wealth Management LLC boosted its stake in Columbia Research Enhanced Core ETF by 11.4% during the third quarter. IHT Wealth Management LLC now owns 16,600 shares of the company’s stock valued at $563,000 after buying an additional 1,700 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its holdings in Columbia Research Enhanced Core ETF by 7.9% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 23,437 shares of the company’s stock valued at $792,000 after buying an additional 1,724 shares in the last quarter. Finally, Marshall Wace LLP increased its stake in Columbia Research Enhanced Core ETF by 16.4% in the 2nd quarter. Marshall Wace LLP now owns 20,982 shares of the company’s stock worth $677,000 after acquiring an additional 2,959 shares during the last quarter.

Columbia Research Enhanced Core ETF Price Performance

Shares of RECS opened at $35.36 on Monday. The business’s 50 day simple moving average is $35.42 and its 200-day simple moving average is $34.03. Columbia Research Enhanced Core ETF has a 1 year low of $27.71 and a 1 year high of $36.60. The stock has a market capitalization of $611.73 million, a price-to-earnings ratio of 21.72 and a beta of 0.96.

About Columbia Research Enhanced Core ETF

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.