Tcfg Wealth Management LLC Makes New $214,000 Investment in Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Tcfg Wealth Management LLC bought a new position in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) in the fourth quarter, HoldingsChannel.com reports. The firm bought 6,184 shares of the company’s stock, valued at approximately $214,000.

A number of other hedge funds also recently bought and sold shares of RECS. LPL Financial LLC lifted its holdings in Columbia Research Enhanced Core ETF by 51.3% during the third quarter. LPL Financial LLC now owns 5,984,602 shares of the company’s stock worth $202,938,000 after buying an additional 2,029,508 shares during the period. Spectrum Wealth Advisory Group LLC purchased a new stake in shares of Columbia Research Enhanced Core ETF during the 3rd quarter valued at $27,611,000. Stratos Investment Management LLC lifted its holdings in shares of Columbia Research Enhanced Core ETF by 47.2% during the 4th quarter. Stratos Investment Management LLC now owns 1,410,831 shares of the company’s stock valued at $48,843,000 after purchasing an additional 452,426 shares during the last quarter. Scarborough Advisors LLC purchased a new stake in shares of Columbia Research Enhanced Core ETF during the 4th quarter valued at $14,625,000. Finally, USAdvisors Wealth Management LLC purchased a new stake in shares of Columbia Research Enhanced Core ETF during the 4th quarter valued at $5,585,000.

Columbia Research Enhanced Core ETF Trading Up 0.1 %

Shares of RECS opened at $36.02 on Monday. Columbia Research Enhanced Core ETF has a 12 month low of $28.98 and a 12 month high of $36.60. The stock has a fifty day moving average price of $35.39 and a 200-day moving average price of $34.45. The firm has a market cap of $623.15 million, a PE ratio of 21.72 and a beta of 0.96.

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.