B. Riley Wealth Advisors Inc. Takes $254,000 Position in Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

B. Riley Wealth Advisors Inc. bought a new position in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 9,175 shares of the company’s stock, valued at approximately $254,000.

Other large investors also recently made changes to their positions in the company. Raymond James & Associates increased its stake in shares of Columbia Research Enhanced Core ETF by 19.0% during the fourth quarter. Raymond James & Associates now owns 97,970 shares of the company’s stock worth $2,715,000 after purchasing an additional 15,608 shares during the period. LPL Financial LLC increased its stake in shares of Columbia Research Enhanced Core ETF by 176.0% during the third quarter. LPL Financial LLC now owns 874,962 shares of the company’s stock worth $21,988,000 after purchasing an additional 557,969 shares during the period. Gladstone Institutional Advisory LLC increased its stake in shares of Columbia Research Enhanced Core ETF by 5.4% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 407,391 shares of the company’s stock worth $11,289,000 after purchasing an additional 20,930 shares during the period. Paragon Private Wealth Management LLC increased its stake in shares of Columbia Research Enhanced Core ETF by 8.5% during the fourth quarter. Paragon Private Wealth Management LLC now owns 32,332 shares of the company’s stock worth $896,000 after purchasing an additional 2,546 shares during the period. Finally, Raymond James Financial Services Advisors Inc. increased its stake in shares of Columbia Research Enhanced Core ETF by 2.9% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 246,784 shares of the company’s stock worth $6,838,000 after purchasing an additional 6,993 shares during the period.

Columbia Research Enhanced Core ETF Trading Down 0.1 %

Shares of NYSEARCA RECS opened at $32.25 on Thursday. The firm has a market cap of $557.93 million, a P/E ratio of 21.72 and a beta of 0.96. Columbia Research Enhanced Core ETF has a 1-year low of $24.05 and a 1-year high of $32.38. The business’s 50 day moving average is $31.11 and its 200-day moving average is $29.83.

Columbia Research Enhanced Core ETF 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.