Prosperity Financial Group Inc. Grows Stake in Columbia Research Enhanced Core ETF (NYSEARCA:RECS)

Prosperity Financial Group Inc. boosted its position in shares of Columbia Research Enhanced Core ETF (NYSEARCA:RECS) by 11.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,489 shares of the company’s stock after purchasing an additional 1,919 shares during the quarter. Prosperity Financial Group Inc. owned about 0.11% of Columbia Research Enhanced Core ETF worth $640,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. LPL Financial LLC boosted its position in Columbia Research Enhanced Core ETF by 51.3% during the 3rd quarter. LPL Financial LLC now owns 5,984,602 shares of the company’s stock valued at $202,938,000 after acquiring an additional 2,029,508 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Columbia Research Enhanced Core ETF during the 4th quarter valued at $54,813,000. Stratos Investment Management LLC boosted its position in Columbia Research Enhanced Core ETF by 47.2% during the 4th quarter. Stratos Investment Management LLC now owns 1,410,831 shares of the company’s stock valued at $48,843,000 after acquiring an additional 452,426 shares in the last quarter. Amplius Wealth Advisors LLC boosted its position in 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 valued at $46,780,000 after acquiring an additional 134,212 shares in the last quarter. Finally, BlueStem Wealth Partners LLC acquired a new stake in shares of Columbia Research Enhanced Core ETF in the 4th quarter worth $41,438,000.

Columbia Research Enhanced Core ETF Price Performance

Shares of RECS stock opened at $32.98 on Wednesday. Columbia Research Enhanced Core ETF has a 1-year low of $29.41 and a 1-year high of $36.60. The stock’s fifty day moving average price is $35.19 and its 200 day moving average price is $34.78. The company has a market cap of $2.08 billion, a price-to-earnings ratio of 21.87 and a beta of 0.93.

Columbia Research Enhanced Core ETF Company 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.