Capital Group Core Equity ETF (NYSEARCA:CGUS) Shares Bought by Merit Financial Group LLC

Merit Financial Group LLC raised its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 14.6% during the 4th quarter, Holdings Channel reports. The firm owned 108,872 shares of the company’s stock after buying an additional 13,851 shares during the quarter. Merit Financial Group LLC’s holdings in Capital Group Core Equity ETF were worth $3,081,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CGUS. Envestnet Asset Management Inc. boosted its stake in shares of Capital Group Core Equity ETF by 179.4% in the third quarter. Envestnet Asset Management Inc. now owns 3,627,053 shares of the company’s stock worth $91,075,000 after acquiring an additional 2,329,057 shares during the last quarter. Assetmark Inc. acquired a new stake in shares of Capital Group Core Equity ETF in the third quarter worth approximately $16,968,000. Commonwealth Equity Services LLC boosted its stake in shares of Capital Group Core Equity ETF by 41.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,624,667 shares of the company’s stock worth $45,978,000 after acquiring an additional 472,429 shares during the last quarter. LPL Financial LLC boosted its stake in Capital Group Core Equity ETF by 22.3% during the third quarter. LPL Financial LLC now owns 2,436,330 shares of the company’s stock worth $61,176,000 after buying an additional 444,540 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in Capital Group Core Equity ETF by 24.2% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 1,481,942 shares of the company’s stock worth $41,939,000 after buying an additional 288,340 shares during the last quarter.

Capital Group Core Equity ETF Trading Up 1.1 %

NYSEARCA CGUS traded up $0.32 on Friday, reaching $30.49. 641,391 shares of the company were exchanged, compared to its average volume of 566,688. The business’s fifty day moving average price is $30.60 and its 200 day moving average price is $28.64. The stock has a market capitalization of $2.52 billion, a P/E ratio of 26.52 and a beta of 0.96. Capital Group Core Equity ETF has a fifty-two week low of $23.61 and a fifty-two week high of $31.38.

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.