46,150 Shares in Columbia Research Enhanced Value ETF $REVS Acquired by First Interstate Bank

First Interstate Bank acquired a new stake in Columbia Research Enhanced Value ETF (NYSEARCA:REVS) in the 1st quarter, HoldingsChannel reports. The institutional investor acquired 46,150 shares of the company’s stock, valued at approximately $1,321,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in REVS. Steward Partners Investment Advisory LLC purchased a new stake in shares of Columbia Research Enhanced Value ETF during the fourth quarter worth $37,000. Private Advisor Group LLC acquired a new position in Columbia Research Enhanced Value ETF during the third quarter worth about $448,000. Essex Financial Services Inc. boosted its position in Columbia Research Enhanced Value ETF by 108.5% during the fourth quarter. Essex Financial Services Inc. now owns 24,626 shares of the company’s stock worth $697,000 after acquiring an additional 12,815 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in Columbia Research Enhanced Value ETF by 14.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 24,788 shares of the company’s stock worth $701,000 after acquiring an additional 3,191 shares during the last quarter. Finally, World Investment Advisors purchased a new stake in Columbia Research Enhanced Value ETF during the 4th quarter valued at about $1,169,000.

Columbia Research Enhanced Value ETF Trading Down 0.9%

REVS stock opened at $32.06 on Thursday. The company has a market cap of $317.39 million, a price-to-earnings ratio of 16.41 and a beta of 0.80. Columbia Research Enhanced Value ETF has a 12 month low of $26.28 and a 12 month high of $32.53. The firm has a 50-day moving average of $31.41 and a two-hundred day moving average of $29.96.

About Columbia Research Enhanced Value ETF

The Columbia Research Enhanced Value ETF (REVS) 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 Value Index. REVS index uses multifactor selection and market cap weighting. REVS was launched on Sep 25, 2019 and is managed by Columbia.