M.E. Allison & CO. Inc. Takes Position in Capital Group Core Equity ETF (NYSEARCA:CGUS)

M.E. Allison & CO. Inc. acquired a new stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 52,118 shares of the company’s stock, valued at approximately $1,823,000. Capital Group Core Equity ETF makes up approximately 2.0% of M.E. Allison & CO. Inc.’s portfolio, making the stock its 11th biggest position. M.E. Allison & CO. Inc. owned 0.06% of Capital Group Core Equity ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in CGUS. LPL Financial LLC increased its holdings in shares of Capital Group Core Equity ETF by 35.7% during the third quarter. LPL Financial LLC now owns 6,668,760 shares of the company’s stock valued at $228,605,000 after acquiring an additional 1,755,050 shares in the last quarter. Raymond James & Associates increased its holdings in shares of Capital Group Core Equity ETF by 18.2% during the third quarter. Raymond James & Associates now owns 2,611,991 shares of the company’s stock valued at $89,539,000 after acquiring an additional 401,507 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Capital Group Core Equity ETF by 12.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,474,494 shares of the company’s stock valued at $79,803,000 after acquiring an additional 270,168 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Capital Group Core Equity ETF by 13.2% during the third quarter. Commonwealth Equity Services LLC now owns 2,345,215 shares of the company’s stock valued at $80,394,000 after acquiring an additional 272,969 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in Capital Group Core Equity ETF by 7.1% in the second quarter. Cetera Investment Advisers now owns 2,339,083 shares of the company’s stock valued at $75,435,000 after buying an additional 155,260 shares during the last quarter.

Capital Group Core Equity ETF Stock Up 0.8 %

Shares of NYSEARCA CGUS opened at $35.51 on Monday. The business’s 50 day moving average price is $35.37 and its 200 day moving average price is $34.18. The firm has a market cap of $2.93 billion, a P/E ratio of 26.52 and a beta of 0.96. Capital Group Core Equity ETF has a 52 week low of $28.09 and a 52 week high of $36.32.

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.