Columbia Research Enhanced Core ETF (NYSEARCA:RECS) Position Reduced by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC lowered its stake in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 17.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 385,970 shares of the company’s stock after selling 79,229 shares during the period. Gladstone Institutional Advisory LLC’s holdings in Columbia Research Enhanced Core ETF were worth $13,362,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of RECS. Leavell Investment Management Inc. lifted its stake in Columbia Research Enhanced Core ETF by 174.1% during the fourth quarter. Leavell Investment Management Inc. now owns 34,505 shares of the company’s stock worth $1,195,000 after purchasing an additional 21,916 shares during the last quarter. Sovran Advisors LLC acquired a new stake in shares of Columbia Research Enhanced Core ETF during the fourth quarter worth $1,092,000. Essex Financial Services Inc. raised its holdings in shares of Columbia Research Enhanced Core ETF by 234.0% during the fourth quarter. Essex Financial Services Inc. now owns 134,852 shares of the company’s stock worth $4,669,000 after purchasing an additional 94,476 shares during the period. Comprehensive Financial Planning Inc. PA bought a new position in shares of Columbia Research Enhanced Core ETF in the 4th quarter worth about $37,000. Finally, Kestra Private Wealth Services LLC acquired a new position in shares of Columbia Research Enhanced Core ETF in the 4th quarter valued at about $2,576,000.

Columbia Research Enhanced Core ETF Stock Up 0.2 %

Shares of NYSEARCA:RECS opened at $35.77 on Wednesday. The firm has a 50-day simple moving average of $35.43 and a 200 day simple moving average of $34.36. Columbia Research Enhanced Core ETF has a fifty-two week low of $28.82 and a fifty-two week high of $36.60. The company has a market cap of $618.82 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.