Columbia Research Enhanced Value ETF (NYSEARCA:REVS) Shares Sold by Jane Street Group LLC

Jane Street Group LLC cut its holdings in shares of Columbia Research Enhanced Value ETF (NYSEARCA:REVS) by 14.4% in the 3rd quarter, Holdings Channel reports. The firm owned 11,241 shares of the company’s stock after selling 1,887 shares during the period. Jane Street Group LLC’s holdings in Columbia Research Enhanced Value ETF were worth $285,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC lifted its stake in Columbia Research Enhanced Value ETF by 22.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 38,657 shares of the company’s stock valued at $981,000 after purchasing an additional 7,013 shares during the last quarter. NewEdge Advisors LLC lifted its stake in Columbia Research Enhanced Value ETF by 2.0% during the second quarter. NewEdge Advisors LLC now owns 118,886 shares of the company’s stock valued at $2,770,000 after purchasing an additional 2,307 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in Columbia Research Enhanced Value ETF by 62.7% during the second quarter. LPL Financial LLC now owns 1,457,834 shares of the company’s stock valued at $33,966,000 after purchasing an additional 561,650 shares during the last quarter.

Columbia Research Enhanced Value ETF Price Performance

REVS stock opened at $24.53 on Friday. Columbia Research Enhanced Value ETF has a 52-week low of $21.22 and a 52-week high of $27.03. The company’s 50 day simple moving average is $25.81 and its 200-day simple moving average is $25.00. The firm has a market capitalization of $44.15 million, a P/E ratio of 14.88 and a beta of 0.76.

About Columbia Research Enhanced Value ETF

The Columbia Research Enhanced Value ETF (REVS) 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 Value Index. REVS index uses multifactor selection and market cap weighting. REVS was launched on Sep 25, 2019 and is managed by Columbia.