Archford Capital Strategies LLC Buys Shares of 81,254 Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Archford Capital Strategies LLC purchased a new stake in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 81,254 shares of the company’s stock, valued at approximately $2,813,000. Archford Capital Strategies LLC owned about 0.47% of Columbia Research Enhanced Core ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Allworth Financial LP purchased a new stake in Columbia Research Enhanced Core ETF during the third quarter valued at about $48,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Columbia Research Enhanced Core ETF by 21.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,830 shares of the company’s stock valued at $124,000 after buying an additional 681 shares in the last quarter. AdvisorNet Financial Inc bought a new position in Columbia Research Enhanced Core ETF in the 4th quarter worth approximately $182,000. Sanctuary Advisors LLC bought a new position in Columbia Research Enhanced Core ETF in the 2nd quarter worth approximately $220,000. Finally, Pine Valley Investments Ltd Liability Co bought a new stake in Columbia Research Enhanced Core ETF during the 3rd quarter valued at $263,000.

Columbia Research Enhanced Core ETF Price Performance

Columbia Research Enhanced Core ETF stock opened at $35.93 on Friday. The firm has a market capitalization of $621.59 million, a P/E ratio of 21.72 and a beta of 0.96. Columbia Research Enhanced Core ETF has a one year low of $28.34 and a one year high of $36.60. The business has a fifty day moving average price of $35.44 and a 200-day moving average price of $34.13.

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.