Guided Capital Wealth Management LLC Purchases New Shares in Capital Group Core Equity ETF $CGUS

Guided Capital Wealth Management LLC purchased a new position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) during the fourth quarter, HoldingsChannel reports. The fund purchased 243,980 shares of the company’s stock, valued at approximately $9,815,000. Capital Group Core Equity ETF comprises 6.9% of Guided Capital Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest position.

Other institutional investors have also recently bought and sold shares of the company. Merit Financial Group LLC increased its holdings in shares of Capital Group Core Equity ETF by 1,624.4% during the third quarter. Merit Financial Group LLC now owns 2,107,661 shares of the company’s stock worth $83,337,000 after purchasing an additional 1,985,435 shares during the period. Assetmark Inc. boosted its stake 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 period. Beacon Pointe Advisors LLC bought a new stake in shares of Capital Group Core Equity ETF in the second quarter valued at approximately $4,286,000. Apollon Wealth Management LLC grew its position in Capital Group Core Equity ETF by 272.2% during the third quarter. Apollon Wealth Management LLC now owns 201,888 shares of the company’s stock worth $7,983,000 after buying an additional 147,649 shares in the last quarter. Finally, Benjamin Edwards Inc. grew its position in Capital Group Core Equity ETF by 27.4% during the third quarter. Benjamin Edwards Inc. now owns 599,098 shares of the company’s stock worth $23,688,000 after buying an additional 129,020 shares in the last quarter.

Capital Group Core Equity ETF Price Performance

Capital Group Core Equity ETF stock opened at $38.42 on Wednesday. The firm has a market cap of $8.24 billion, a PE ratio of 26.31 and a beta of 0.92. The stock’s fifty day moving average price is $40.14 and its two-hundred day moving average price is $40.06. Capital Group Core Equity ETF has a one year low of $28.95 and a one year high of $41.38.

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.