The Columbia Research Enhanced Core ETF (RECS) has experienced a significant outflow of approximately $473.5 million, representing a 9.0% decrease in shares outstanding from 127.6 million to 116.1 million. This shift was reported this week, highlighting notable investor activity in the ETF market.
In terms of performance, RECS reached a 52-week low at $28.6404 per share and a high of $41.8099, with the last trading price recorded at $41.06. Major underlying components of RECS include Vanguard Communication Services ETF (VOX), Pfizer Inc (PFE), and The Charles Schwab Corporation (SCHW), which have shown slight declines of about 0.2% to 0.3% today.
This week’s notable decrease in shares reinforces the importance of monitoring inflows and outflows in exchange-traded funds, as large movements can significantly impact the underlying securities held within these ETFs.
