Valmark Advisers Inc. Raises Stake in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Valmark Advisers Inc. grew its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 18.4% in the fourth quarter, Holdings Channel reports. The firm owned 275,180 shares of the company’s stock after acquiring an additional 42,849 shares during the period. Valmark Advisers Inc.’s holdings in Capital Group Core Equity ETF were worth $9,623,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Tcfg Wealth Management LLC boosted its stake in shares of Capital Group Core Equity ETF by 4.4% during the fourth quarter. Tcfg Wealth Management LLC now owns 13,702 shares of the company’s stock valued at $479,000 after purchasing an additional 573 shares during the period. Strategic Financial Concepts LLC purchased a new stake in shares of Capital Group Core Equity ETF during the fourth quarter valued at $1,782,000. Allworth Financial LP boosted its stake in shares of Capital Group Core Equity ETF by 3.5% during the fourth quarter. Allworth Financial LP now owns 25,191 shares of the company’s stock valued at $907,000 after purchasing an additional 854 shares during the period. Principal Securities Inc. boosted its stake in shares of Capital Group Core Equity ETF by 15.6% during the fourth quarter. Principal Securities Inc. now owns 219,198 shares of the company’s stock valued at $7,665,000 after purchasing an additional 29,553 shares during the period. Finally, Nations Financial Group Inc. IA ADV lifted its stake in Capital Group Core Equity ETF by 7.1% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 32,760 shares of the company’s stock worth $1,146,000 after acquiring an additional 2,162 shares during the period.

Capital Group Core Equity ETF Price Performance

NYSEARCA:CGUS opened at $36.29 on Friday. Capital Group Core Equity ETF has a 1-year low of $29.45 and a 1-year high of $36.75. The company has a 50-day moving average of $35.72 and a 200 day moving average of $34.65. The firm has a market cap of $3.00 billion, a PE ratio of 26.52 and a beta of 0.96.

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.