Royal Bank of Canada Has $96.44 Million Stake in Capital Group Core Equity ETF $CGUS

Royal Bank of Canada increased its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 11.2% during the first quarter, HoldingsChannel reports. The institutional investor owned 2,510,189 shares of the company’s stock after buying an additional 251,825 shares during the quarter. Royal Bank of Canada’s holdings in Capital Group Core Equity ETF were worth $96,442,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Souders Financial Advisors raised its stake in Capital Group Core Equity ETF by 4.1% in the fourth quarter. Souders Financial Advisors now owns 966,539 shares of the company’s stock valued at $38,884,000 after purchasing an additional 38,084 shares in the last quarter. BIP Wealth LLC increased its stake in 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 acquiring an additional 654,460 shares during the last quarter. Ergawealth Advisors Inc. increased its stake in Capital Group Core Equity ETF by 138.4% in the fourth quarter. Ergawealth Advisors Inc. now owns 394,724 shares of the company’s stock valued at $15,880,000 after acquiring an additional 229,170 shares during the last quarter. Assetmark Inc. raised its position in Capital Group Core Equity ETF by 22.5% during the fourth quarter. Assetmark Inc. now owns 1,170,140 shares of the company’s stock valued at $47,075,000 after purchasing an additional 215,111 shares in the last quarter. Finally, Valmark Advisers Inc. raised its position in Capital Group Core Equity ETF by 39.1% during the fourth quarter. Valmark Advisers Inc. now owns 664,992 shares of the company’s stock valued at $26,753,000 after purchasing an additional 186,768 shares in the last quarter.

Capital Group Core Equity ETF Price Performance

NYSEARCA CGUS opened at $44.69 on Friday. The business has a fifty day moving average price of $44.05 and a two-hundred day moving average price of $41.99. The stock has a market capitalization of $11.42 billion, a PE ratio of 26.31 and a beta of 0.93. Capital Group Core Equity ETF has a fifty-two week low of $37.19 and a fifty-two week high of $44.84.

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.