Sowell Financial Services LLC Increases Holdings in Columbia U.S. Equity Income ETF (NYSEARCA:EQIN)

Sowell Financial Services LLC raised its stake in Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) by 23.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 148,714 shares of the company’s stock after purchasing an additional 28,301 shares during the quarter. Sowell Financial Services LLC’s holdings in Columbia U.S. Equity Income ETF were worth $6,595,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Global Retirement Partners LLC raised its holdings in shares of Columbia U.S. Equity Income ETF by 130.9% during the 4th quarter. Global Retirement Partners LLC now owns 1,508 shares of the company’s stock valued at $67,000 after buying an additional 855 shares during the period. Collier Financial purchased a new stake in shares of Columbia U.S. Equity Income ETF during the fourth quarter valued at approximately $303,000. Maripau Wealth Management LLC acquired a new position in shares of Columbia U.S. Equity Income ETF during the fourth quarter worth $317,000. KWB Wealth purchased a new position in shares of Columbia U.S. Equity Income ETF in the fourth quarter valued at $466,000. Finally, Parcion Private Wealth LLC grew its holdings in Columbia U.S. Equity Income ETF by 33.1% during the 4th quarter. Parcion Private Wealth LLC now owns 12,260 shares of the company’s stock valued at $544,000 after purchasing an additional 3,046 shares in the last quarter.

Columbia U.S. Equity Income ETF Stock Performance

NYSEARCA:EQIN opened at $45.97 on Friday. Columbia U.S. Equity Income ETF has a one year low of $42.43 and a one year high of $48.28. The business’s 50-day simple moving average is $45.62 and its 200 day simple moving average is $46.38. The stock has a market cap of $140.21 million, a price-to-earnings ratio of 20.42 and a beta of 1.01.

Columbia U.S. Equity Income ETF Profile

The Columbia U.S. Equity Income ETF (EQIN) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of dividend-paying US companies. The fund uses a proprietary, fundamental selection process with an exclusionary screen for ESG risk. EQIN was launched on Jun 13, 2016 and is issued by Columbia Threadneedle.