Flynn Zito Capital Management LLC Makes New Investment in Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Flynn Zito Capital Management LLC purchased a new position in Columbia Research Enhanced Core ETF (NYSEARCA:RECS) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 15,674 shares of the company’s stock, valued at approximately $543,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in RECS. LPL Financial LLC boosted its position in Columbia Research Enhanced Core ETF by 51.3% during the third quarter. LPL Financial LLC now owns 5,984,602 shares of the company’s stock worth $202,938,000 after purchasing an additional 2,029,508 shares during the period. Stratos Investment Management LLC lifted its stake in shares of Columbia Research Enhanced Core ETF by 47.2% in the fourth quarter. Stratos Investment Management LLC now owns 1,410,831 shares of the company’s stock worth $48,843,000 after buying an additional 452,426 shares during the last quarter. Amplius Wealth Advisors LLC boosted its holdings in shares of Columbia Research Enhanced Core ETF by 11.0% during the 4th quarter. Amplius Wealth Advisors LLC now owns 1,351,246 shares of the company’s stock worth $46,780,000 after buying an additional 134,212 shares during the period. Stratos Wealth Partners LTD. grew its stake in Columbia Research Enhanced Core ETF by 1.9% in the 4th quarter. Stratos Wealth Partners LTD. now owns 1,154,334 shares of the company’s stock valued at $39,963,000 after buying an additional 21,711 shares during the last quarter. Finally, Spectrum Wealth Advisory Group LLC lifted its position in Columbia Research Enhanced Core ETF by 20.2% during the 4th quarter. Spectrum Wealth Advisory Group LLC now owns 978,760 shares of the company’s stock worth $33,885,000 after acquiring an additional 164,531 shares during the last quarter.

Columbia Research Enhanced Core ETF Stock Performance

Shares of NYSEARCA:RECS opened at $35.11 on Thursday. The stock’s 50-day moving average is $35.35 and its 200-day moving average is $34.68. The company has a market cap of $1.86 billion, a P/E ratio of 23.97 and a beta of 0.94. Columbia Research Enhanced Core ETF has a 52-week low of $29.41 and a 52-week high of $36.60.

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.