Sei Investments Co. Purchases Shares of 755,464 Capital Group Core Equity ETF (NYSEARCA:CGUS)

Sei Investments Co. acquired a new stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 755,464 shares of the company’s stock, valued at approximately $24,364,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cetera Investment Advisers lifted its stake in Capital Group Core Equity ETF by 196.8% in the first quarter. Cetera Investment Advisers now owns 2,183,823 shares of the company’s stock worth $68,048,000 after acquiring an additional 1,448,154 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Capital Group Core Equity ETF by 28.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,892,224 shares of the company’s stock valued at $190,024,000 after purchasing an additional 1,311,729 shares in the last quarter. LPL Financial LLC boosted its stake in shares of Capital Group Core Equity ETF by 21.9% during the 2nd quarter. LPL Financial LLC now owns 4,913,710 shares of the company’s stock valued at $158,467,000 after purchasing an additional 883,726 shares in the last quarter. Raymond James & Associates increased its position in shares of Capital Group Core Equity ETF by 43.5% during the second quarter. Raymond James & Associates now owns 2,210,484 shares of the company’s stock valued at $71,288,000 after buying an additional 670,052 shares during the period. Finally, Wells Fargo & Company MN raised its stake in Capital Group Core Equity ETF by 125.7% in the fourth quarter. Wells Fargo & Company MN now owns 1,202,790 shares of the company’s stock worth $34,039,000 after buying an additional 669,916 shares in the last quarter.

Capital Group Core Equity ETF Stock Up 0.2 %

CGUS opened at $34.28 on Wednesday. The stock has a market cap of $2.83 billion, a PE ratio of 26.52 and a beta of 0.96. The business has a 50 day moving average of $32.98 and a 200-day moving average of $31.96. Capital Group Core Equity ETF has a 52 week low of $24.19 and a 52 week high of $34.29.

About Capital Group Core Equity ETF

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.