Investment Planning Advisors Inc. Sells 318,401 Shares of Capital Group Core Equity ETF $CGUS

Investment Planning Advisors Inc. trimmed its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 89.7% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,626 shares of the company’s stock after selling 318,401 shares during the period. Capital Group Core Equity ETF makes up approximately 0.4% of Investment Planning Advisors Inc.’s investment portfolio, making the stock its 29th largest position. Investment Planning Advisors Inc.’s holdings in Capital Group Core Equity ETF were worth $1,407,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. AQR Capital Management LLC bought a new position in Capital Group Core Equity ETF in the first quarter valued at approximately $527,000. Focus Partners Wealth lifted its stake in Capital Group Core Equity ETF by 314.0% during the first quarter. Focus Partners Wealth now owns 9,484 shares of the company’s stock worth $317,000 after purchasing an additional 7,193 shares during the last quarter. Sei Investments Co. boosted its holdings in shares of Capital Group Core Equity ETF by 33.8% in the 2nd quarter. Sei Investments Co. now owns 1,338,685 shares of the company’s stock valued at $49,438,000 after purchasing an additional 338,456 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in shares of Capital Group Core Equity ETF by 8.6% in the 2nd quarter. Raymond James Financial Inc. now owns 5,668,346 shares of the company’s stock valued at $209,332,000 after purchasing an additional 450,094 shares in the last quarter. Finally, Jane Street Group LLC increased its stake in shares of Capital Group Core Equity ETF by 11.6% in the 2nd quarter. Jane Street Group LLC now owns 160,000 shares of the company’s stock valued at $5,909,000 after purchasing an additional 16,646 shares during the last quarter.

Capital Group Core Equity ETF Stock Performance

Capital Group Core Equity ETF stock opened at $44.31 on Tuesday. Capital Group Core Equity ETF has a 52 week low of $36.76 and a 52 week high of $44.60. The stock has a market capitalization of $10.64 billion, a P/E ratio of 26.31 and a beta of 0.94. The stock has a fifty day moving average of $43.38 and a 200-day moving average of $41.36.

About Capital Group Core Equity ETF

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.