MMA Asset Management LLC Decreases Stake in Columbia Research Enhanced Core ETF $RECS

MMA Asset Management LLC reduced its holdings in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 46.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,120 shares of the company’s stock after selling 21,028 shares during the quarter. MMA Asset Management LLC’s holdings in Columbia Research Enhanced Core ETF were worth $985,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Palumbo Wealth Management LLC increased its position in Columbia Research Enhanced Core ETF by 1.2% in the fourth quarter. Palumbo Wealth Management LLC now owns 20,104 shares of the company’s stock worth $821,000 after buying an additional 247 shares during the period. Perigon Wealth Management LLC increased its holdings in shares of Columbia Research Enhanced Core ETF by 4.2% during the fourth quarter. Perigon Wealth Management LLC now owns 7,318 shares of the company’s stock valued at $299,000 after purchasing an additional 295 shares during the period. Truist Financial Corp grew its holdings in Columbia Research Enhanced Core ETF by 2.2% during the fourth quarter. Truist Financial Corp now owns 20,203 shares of the company’s stock worth $825,000 after acquiring an additional 433 shares during the period. Integrated Wealth Concepts LLC grew its holdings in Columbia Research Enhanced Core ETF by 7.5% during the third quarter. Integrated Wealth Concepts LLC now owns 6,354 shares of the company’s stock worth $256,000 after acquiring an additional 442 shares during the period. Finally, Keystone Financial Services LLC grew its holdings in Columbia Research Enhanced Core ETF by 8.7% during the fourth quarter. Keystone Financial Services LLC now owns 7,402 shares of the company’s stock worth $302,000 after acquiring an additional 593 shares during the period.

Columbia Research Enhanced Core ETF Stock Down 0.8%

NYSEARCA:RECS opened at $41.82 on Tuesday. The business’s 50-day moving average price is $40.37 and its 200 day moving average price is $40.73. The firm has a market cap of $5.36 billion, a P/E ratio of 22.01 and a beta of 0.93. Columbia Research Enhanced Core ETF has a 52-week low of $32.92 and a 52-week high of $42.40.

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.