Capital Group Core Equity ETF (NYSEARCA:CGUS) Stock Position Lifted by NewEdge Advisors LLC

NewEdge Advisors LLC lifted its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 44.4% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 642,363 shares of the company’s stock after purchasing an additional 197,479 shares during the quarter. NewEdge Advisors LLC owned 0.78% of Capital Group Core Equity ETF worth $20,716,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Comerica Bank grew its stake in shares of Capital Group Core Equity ETF by 83.3% in the first quarter. Comerica Bank now owns 1,100 shares of the company’s stock worth $34,000 after purchasing an additional 500 shares in the last quarter. Clear Investment Research LLC bought a new position in shares of Capital Group Core Equity ETF in the first quarter worth $55,000. Mather Group LLC. bought a new position in shares of Capital Group Core Equity ETF in the first quarter worth $81,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Capital Group Core Equity ETF in the second quarter worth $89,000. Finally, Crewe Advisors LLC bought a new position in shares of Capital Group Core Equity ETF in the first quarter worth $118,000.

Capital Group Core Equity ETF Stock Down 0.2 %

Shares of CGUS stock opened at $34.27 on Monday. The stock has a 50-day simple moving average of $33.07 and a 200 day simple moving average of $32.03. Capital Group Core Equity ETF has a fifty-two week low of $24.19 and a fifty-two week high of $34.46. The stock has a market capitalization of $2.83 billion, a P/E ratio of 26.52 and a beta of 0.96.

Capital Group Core Equity ETF Company 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.