First Growth Capital LLC Invests $2.27 Million in Columbia Research Enhanced Core ETF $RECS

First Growth Capital LLC bought a new stake in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 54,916 shares of the company’s stock, valued at approximately $2,268,000. Columbia Research Enhanced Core ETF makes up about 2.2% of First Growth Capital LLC’s portfolio, making the stock its 7th largest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Palumbo Wealth Management LLC increased its position in Columbia Research Enhanced Core ETF by 1.2% during the 4th quarter. Palumbo Wealth Management LLC now owns 20,104 shares of the company’s stock worth $821,000 after purchasing an additional 247 shares during the period. Perigon Wealth Management LLC lifted its holdings in shares of Columbia Research Enhanced Core ETF by 4.2% in the 4th quarter. Perigon Wealth Management LLC now owns 7,318 shares of the company’s stock valued at $299,000 after buying an additional 295 shares during the period. Truist Financial Corp lifted its holdings in shares of Columbia Research Enhanced Core ETF by 2.2% in the 4th quarter. Truist Financial Corp now owns 20,203 shares of the company’s stock valued at $825,000 after buying an additional 433 shares during the period. Integrated Wealth Concepts LLC boosted its stake in shares of Columbia Research Enhanced Core ETF by 7.5% in the third quarter. Integrated Wealth Concepts LLC now owns 6,354 shares of the company’s stock valued at $256,000 after buying an additional 442 shares in the last quarter. Finally, Mark Sheptoff Financial Planning LLC boosted its stake in shares of Columbia Research Enhanced Core ETF by 130.1% in the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 886 shares of the company’s stock valued at $36,000 after buying an additional 501 shares in the last quarter.

Columbia Research Enhanced Core ETF Price Performance

Shares of RECS stock opened at $43.25 on Friday. The business’s fifty day moving average price is $42.58 and its 200 day moving average price is $41.33. Columbia Research Enhanced Core ETF has a 1-year low of $35.25 and a 1-year high of $44.04. The firm has a market capitalization of $5.54 billion, a PE ratio of 22.01 and a beta of 0.93.

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.