Cullen Frost Bankers Inc. Purchases 13,603 Shares of Capital Group Core Equity ETF (NYSEARCA:CGUS)

Cullen Frost Bankers Inc. boosted its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 54.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 38,461 shares of the company’s stock after buying an additional 13,603 shares during the period. Cullen Frost Bankers Inc.’s holdings in Capital Group Core Equity ETF were worth $1,345,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CGUS. Stonebridge Financial Group LLC bought a new position in Capital Group Core Equity ETF during the fourth quarter valued at approximately $41,000. Synergy Investment Management LLC bought a new stake in shares of Capital Group Core Equity ETF in the 4th quarter valued at approximately $50,000. Geneos Wealth Management Inc. lifted its stake in shares of Capital Group Core Equity ETF by 111.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 2,173 shares of the company’s stock valued at $76,000 after purchasing an additional 1,143 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Capital Group Core Equity ETF by 944.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,934 shares of the company’s stock valued at $101,000 after purchasing an additional 2,653 shares during the last quarter. Finally, ORG Partners LLC bought a new stake in shares of Capital Group Core Equity ETF in the 4th quarter valued at approximately $105,000.

Capital Group Core Equity ETF Price Performance

NYSEARCA:CGUS opened at $34.41 on Friday. The firm has a market capitalization of $4.81 billion, a price-to-earnings ratio of 26.66 and a beta of 0.93. Capital Group Core Equity ETF has a 1 year low of $29.63 and a 1 year high of $36.75. The business has a 50 day simple moving average of $35.62 and a 200-day simple moving average of $34.93.

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.