Envestnet Portfolio Solutions Inc. Has $13.69 Million Holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Envestnet Portfolio Solutions Inc. grew its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 10.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 391,514 shares of the company’s stock after buying an additional 36,363 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 0.47% of Capital Group Core Equity ETF worth $13,691,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in shares of Capital Group Core Equity ETF by 35.7% during the 3rd quarter. LPL Financial LLC now owns 6,668,760 shares of the company’s stock valued at $228,605,000 after purchasing an additional 1,755,050 shares in the last quarter. Raymond James Financial Inc. bought a new position in Capital Group Core Equity ETF during the fourth quarter valued at about $169,537,000. Commonwealth Equity Services LLC boosted its stake in shares of Capital Group Core Equity ETF by 17.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 2,748,964 shares of the company’s stock worth $96,131,000 after acquiring an additional 403,749 shares in the last quarter. Private Advisor Group LLC increased its holdings in shares of Capital Group Core Equity ETF by 136.0% during the 4th quarter. Private Advisor Group LLC now owns 1,986,336 shares of the company’s stock valued at $69,462,000 after acquiring an additional 1,144,833 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its stake in shares of Capital Group Core Equity ETF by 63.7% in the 4th quarter. Jones Financial Companies Lllp now owns 1,750,757 shares of the company’s stock valued at $61,224,000 after acquiring an additional 681,120 shares in the last quarter.

Capital Group Core Equity ETF Stock Up 1.7 %

NYSEARCA:CGUS opened at $33.63 on Monday. The company’s 50 day moving average is $35.44 and its 200-day moving average is $34.96. Capital Group Core Equity ETF has a 12 month low of $29.63 and a 12 month high of $36.75. The firm has a market cap of $4.70 billion, a price-to-earnings ratio of 26.66 and a beta of 0.93.

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.