Sowell Financial Services LLC Sells 5,507 Shares of Capital Group Core Equity ETF (NYSEARCA:CGUS)

Sowell Financial Services LLC lowered its position in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 12.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,031 shares of the company’s stock after selling 5,507 shares during the period. Sowell Financial Services LLC’s holdings in Capital Group Core Equity ETF were worth $1,365,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in CGUS. Raymond James Financial Inc. bought a new stake in shares of Capital Group Core Equity ETF in the 4th quarter valued at $169,537,000. LPL Financial LLC increased its position in shares of Capital Group Core Equity ETF by 35.7% in the 3rd quarter. LPL Financial LLC now owns 6,668,760 shares of the company’s stock valued at $228,605,000 after buying an additional 1,755,050 shares in the last quarter. Private Advisor Group LLC increased its position in shares of Capital Group Core Equity ETF by 136.0% in the 4th quarter. Private Advisor Group LLC now owns 1,986,336 shares of the company’s stock valued at $69,462,000 after buying an additional 1,144,833 shares in the last quarter. Jones Financial Companies Lllp increased its position 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 buying an additional 681,120 shares in the last quarter. Finally, Captrust Financial Advisors increased its holdings in Capital Group Core Equity ETF by 24.8% during the 3rd quarter. Captrust Financial Advisors now owns 1,532,985 shares of the company’s stock worth $52,551,000 after purchasing an additional 305,067 shares in the last quarter.

Capital Group Core Equity ETF Trading Down 2.3 %

CGUS stock opened at $33.62 on Tuesday. The stock has a 50-day moving average price of $35.57 and a two-hundred day moving average price of $34.96. The stock has a market cap of $4.70 billion, a PE 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.

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.