Prosperity Financial Group Inc. Acquires New Holdings in Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Prosperity Financial Group Inc. bought a new stake in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 16,570 shares of the company’s stock, valued at approximately $562,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Allworth Financial LP acquired a new stake in shares of Columbia Research Enhanced Core ETF during the 3rd quarter valued at $48,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Columbia Research Enhanced Core ETF by 21.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,830 shares of the company’s stock worth $124,000 after purchasing an additional 681 shares during the period. Harbour Investments Inc. acquired a new position in shares of Columbia Research Enhanced Core ETF in the 2nd quarter worth approximately $170,000. Great Valley Advisor Group Inc. bought a new stake in shares of Columbia Research Enhanced Core ETF in the 2nd quarter valued at $215,000. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Columbia Research Enhanced Core ETF during the second quarter worth $220,000.

Columbia Research Enhanced Core ETF Price Performance

NYSEARCA RECS opened at $35.65 on Monday. The stock has a market capitalization of $616.75 million, a P/E ratio of 21.72 and a beta of 0.96. The business has a 50 day simple moving average of $34.46 and a 200 day simple moving average of $33.00. Columbia Research Enhanced Core ETF has a one year low of $26.51 and a one year high of $35.86.

Columbia Research Enhanced Core ETF Company 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.