Capital Group Core Equity ETF (NYSEARCA:CGUS) is Souders Financial Advisors’ 6th Largest Position

Souders Financial Advisors lifted its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 1.9% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 753,795 shares of the company’s stock after purchasing an additional 14,173 shares during the quarter. Capital Group Core Equity ETF comprises 3.7% of Souders Financial Advisors’ portfolio, making the stock its 6th biggest holding. Souders Financial Advisors owned about 0.91% of Capital Group Core Equity ETF worth $24,310,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cetera Investment Advisers raised its position in shares of Capital Group Core Equity ETF by 196.8% in the 1st 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 in the last quarter. Envestnet Asset Management Inc. raised its position in shares of Capital Group Core Equity ETF by 28.6% in the 2nd 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. LPL Financial LLC raised its position in shares of Capital Group Core Equity ETF by 21.9% in the 2nd quarter. LPL Financial LLC now owns 4,913,710 shares of the company’s stock worth $158,467,000 after acquiring an additional 883,726 shares in the last quarter. Sei Investments Co. bought a new position in shares of Capital Group Core Equity ETF in the 2nd quarter worth $24,364,000. Finally, Raymond James & Associates raised its position in shares of Capital Group Core Equity ETF by 43.5% in the 2nd quarter. Raymond James & Associates now owns 2,210,484 shares of the company’s stock worth $71,288,000 after acquiring an additional 670,052 shares in the last quarter.

Capital Group Core Equity ETF Trading Up 0.3 %

CGUS opened at $34.27 on Tuesday. The firm has a market cap of $2.83 billion, a price-to-earnings ratio of 26.52 and a beta of 0.96. Capital Group Core Equity ETF has a 12 month low of $24.19 and a 12 month high of $34.46. The stock has a fifty day moving average price of $33.10 and a 200-day moving average price of $32.06.

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.