Kestra Private Wealth Services LLC Buys New Holdings in Columbia Research Enhanced Core ETF $RECS

Kestra Private Wealth Services LLC purchased a new stake in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 443,545 shares of the company’s stock, valued at approximately $19,999,000. Kestra Private Wealth Services LLC owned about 0.33% of Columbia Research Enhanced Core ETF at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the stock. Community Financial Services Group LLC bought a new stake in Columbia Research Enhanced Core ETF during the 2nd quarter valued at approximately $63,000. Latitude Advisors LLC bought a new position in shares of Columbia Research Enhanced Core ETF in the 3rd quarter worth approximately $73,000. Atlas Private Wealth Advisors bought a new position in shares of Columbia Research Enhanced Core ETF in the 3rd quarter worth approximately $205,000. Aire Advisors LLC bought a new position in shares of Columbia Research Enhanced Core ETF in the 1st quarter worth approximately $249,000. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in shares of Columbia Research Enhanced Core ETF by 7.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 7,440 shares of the company’s stock valued at $322,000 after purchasing an additional 523 shares during the period.

Columbia Research Enhanced Core ETF Stock Up 1.6%

NYSEARCA RECS opened at $45.49 on Thursday. Columbia Research Enhanced Core ETF has a twelve month low of $37.79 and a twelve month high of $46.03. The firm has a market capitalization of $6.20 billion, a PE ratio of 22.01 and a beta of 0.92. The stock’s 50 day moving average is $45.40 and its 200 day moving average is $43.05.

Columbia Research Enhanced Core ETF Profile

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.