Procyon Advisors LLC Reduces Position in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Procyon Advisors LLC lessened its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 1.3% in the 4th quarter, Holdings Channel reports. The fund owned 140,947 shares of the company’s stock after selling 1,914 shares during the quarter. Procyon Advisors LLC’s holdings in Capital Group Core Equity ETF were worth $3,989,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of CGUS. Envestnet Asset Management Inc. boosted its holdings in Capital Group Core Equity ETF by 179.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,627,053 shares of the company’s stock valued at $91,075,000 after purchasing an additional 2,329,057 shares during the last quarter. Capital International Investors acquired a new position in Capital Group Core Equity ETF in the 1st quarter valued at about $24,385,000. Assetmark Inc. acquired a new position in Capital Group Core Equity ETF in the 3rd quarter valued at about $16,968,000. MML Investors Services LLC boosted its holdings in Capital Group Core Equity ETF by 227.4% in the 2nd quarter. MML Investors Services LLC now owns 717,596 shares of the company’s stock valued at $18,428,000 after purchasing an additional 498,394 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in Capital Group Core Equity ETF by 22.3% in the 3rd quarter. LPL Financial LLC now owns 2,436,330 shares of the company’s stock valued at $61,176,000 after purchasing an additional 444,540 shares during the last quarter.

Capital Group Core Equity ETF Stock Performance

NYSEARCA:CGUS remained flat at $31.15 on Thursday. 60,586 shares of the company’s stock traded hands, compared to its average volume of 545,477. The stock has a fifty day moving average price of $29.95 and a two-hundred day moving average price of $27.71. Capital Group Core Equity ETF has a 12 month low of $23.25 and a 12 month high of $31.38. The firm has a market capitalization of $1.28 billion, a PE ratio of 17.88 and a beta of 0.92.

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.