Janney Montgomery Scott LLC Buys Shares of 12,402 Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Janney Montgomery Scott LLC bought a new stake in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) during the first quarter, Holdings Channel.com reports. The fund bought 12,402 shares of the company’s stock, valued at approximately $412,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its position in shares of Columbia Research Enhanced Core ETF by 35.2% in the 4th quarter. LPL Financial LLC now owns 8,093,718 shares of the company’s stock worth $280,205,000 after acquiring an additional 2,109,116 shares during the period. Bank of America Corp DE lifted its position in shares of Columbia Research Enhanced Core ETF by 15.9% during the 4th quarter. Bank of America Corp DE now owns 3,543,209 shares of the company’s stock worth $122,666,000 after buying an additional 485,031 shares during the period. Gradient Investments LLC bought a new position in shares of Columbia Research Enhanced Core ETF during the 1st quarter worth approximately $66,690,000. Raymond James Financial Inc. bought a new position in shares of Columbia Research Enhanced Core ETF during the 4th quarter worth approximately $54,813,000. Finally, Amplius Wealth Advisors LLC lifted its position in shares of Columbia Research Enhanced Core ETF by 11.9% during the 1st quarter. Amplius Wealth Advisors LLC now owns 1,512,538 shares of the company’s stock worth $50,234,000 after buying an additional 161,292 shares during the period.

Columbia Research Enhanced Core ETF Price Performance

Columbia Research Enhanced Core ETF stock opened at $37.37 on Friday. The company has a market capitalization of $3.06 billion, a PE ratio of 21.28 and a beta of 0.99. Columbia Research Enhanced Core ETF has a one year low of $28.64 and a one year high of $37.40. The business has a 50 day simple moving average of $34.93 and a 200 day simple moving average of $34.39.

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.