LPL Financial LLC Grows Stock Holdings in Capital Group Core Equity ETF $CGUS

LPL Financial LLC increased its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 19.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,734,177 shares of the company’s stock after buying an additional 3,824,999 shares during the period. LPL Financial LLC owned about 11.06% of Capital Group Core Equity ETF worth $954,826,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Assetmark Inc. raised its position in shares of Capital Group Core Equity ETF by 12.1% in the third quarter. Assetmark Inc. now owns 955,029 shares of the company’s stock valued at $37,762,000 after buying an additional 102,872 shares during the last quarter. AA Financial Advisors LLC raised its position in shares of Capital Group Core Equity ETF by 5.7% in the fourth quarter. AA Financial Advisors LLC now owns 424,380 shares of the company’s stock valued at $17,073,000 after buying an additional 23,038 shares during the last quarter. Blueprint Financial Advisors LLC acquired a new position in shares of Capital Group Core Equity ETF in the third quarter valued at approximately $1,598,000. BIP Wealth LLC raised its position in shares of Capital Group Core Equity ETF by 12,313.5% in the fourth quarter. BIP Wealth LLC now owns 659,775 shares of the company’s stock valued at $26,543,000 after buying an additional 654,460 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its position in Capital Group Core Equity ETF by 15.1% during the third quarter. Smartleaf Asset Management LLC now owns 195,115 shares of the company’s stock worth $7,697,000 after purchasing an additional 25,550 shares during the last quarter.

Capital Group Core Equity ETF Stock Performance

Shares of CGUS stock opened at $43.16 on Monday. Capital Group Core Equity ETF has a one year low of $35.38 and a one year high of $44.60. The company has a 50 day moving average price of $42.03 and a 200 day moving average price of $40.91. The firm has a market capitalization of $10.36 billion, a price-to-earnings ratio of 26.31 and a beta of 0.94.

Capital Group Core Equity ETF Company 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.