Private Client Services LLC Makes New Investment in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Private Client Services LLC bought a new stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 5,727 shares of the company’s stock, valued at approximately $200,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. LPL Financial LLC grew its stake in shares of Capital Group Core Equity ETF by 35.7% in the 3rd quarter. LPL Financial LLC now owns 6,668,760 shares of the company’s stock worth $228,605,000 after buying an additional 1,755,050 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Capital Group Core Equity ETF by 28.6% in the second quarter. Envestnet Asset Management Inc. now owns 5,892,224 shares of the company’s stock worth $190,024,000 after acquiring an additional 1,311,729 shares in the last quarter. Sei Investments Co. bought a new stake in Capital Group Core Equity ETF during the second quarter worth approximately $24,364,000. Summit Investment Advisory Services LLC purchased a new stake in Capital Group Core Equity ETF during the third quarter valued at approximately $20,687,000. Finally, Raymond James & Associates lifted its stake in shares of Capital Group Core Equity ETF by 18.2% in the 3rd quarter. Raymond James & Associates now owns 2,611,991 shares of the company’s stock valued at $89,539,000 after purchasing an additional 401,507 shares during the last quarter.

Capital Group Core Equity ETF Stock Performance

Shares of Capital Group Core Equity ETF stock opened at $35.18 on Thursday. The stock has a 50 day moving average price of $35.32 and a 200-day moving average price of $34.04. Capital Group Core Equity ETF has a one year low of $27.94 and a one year high of $36.32. The stock has a market cap of $2.91 billion, a price-to-earnings ratio of 26.52 and a beta of 0.96.

Capital Group Core Equity ETF Profile

The Capital Group Core Equity ETF (CGUS) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in companies believed to have the potential for appreciation and\u002For dividends. CGUS was launched on Feb 22, 2022 and is managed by Capital Group.