Kingswood Wealth Advisors LLC Makes New $270,000 Investment in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Kingswood Wealth Advisors LLC acquired a new stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 8,368 shares of the company’s stock, valued at approximately $270,000.

Several other hedge funds and other institutional investors have also modified their holdings of CGUS. Envestnet Asset Management Inc. increased its holdings in shares of Capital Group Core Equity ETF by 15.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 4,196,573 shares of the company’s stock worth $118,763,000 after buying an additional 569,520 shares in the last quarter. Capital Group Private Client Services Inc. raised its position in Capital Group Core Equity ETF by 3.2% in the 1st quarter. Capital Group Private Client Services Inc. now owns 3,316,695 shares of the company’s stock worth $103,348,000 after purchasing an additional 103,049 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of Capital Group Core Equity ETF by 196.8% during the first quarter. Cetera Investment Advisers now owns 2,183,823 shares of the company’s stock valued at $68,048,000 after acquiring an additional 1,448,154 shares during the period. Commonwealth Equity Services LLC raised its position in shares of Capital Group Core Equity ETF by 21.9% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,980,602 shares of the company’s stock valued at $61,716,000 after acquiring an additional 355,935 shares during the last quarter. Finally, Raymond James & Associates increased its position in shares of Capital Group Core Equity ETF by 46.4% during the first quarter. Raymond James & Associates now owns 1,540,432 shares of the company’s stock worth $48,000,000 after acquiring an additional 488,439 shares in the last quarter.

Capital Group Core Equity ETF Price Performance

NYSEARCA CGUS traded up $0.45 on Thursday, hitting $31.74. 92,356 shares of the stock were exchanged, compared to its average volume of 564,303. Capital Group Core Equity ETF has a 52 week low of $24.19 and a 52 week high of $33.45. The business’s fifty day moving average is $32.33 and its 200 day moving average is $31.10. The company has a market capitalization of $2.62 billion, a PE ratio of 26.52 and a beta of 0.96.

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.