Seamount Financial Group Inc. Acquires 11,936 Shares of Capital Group Core Equity ETF $CGUS

Seamount Financial Group Inc. increased its position in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 12.5% during the first quarter, Holdings Channel.com reports. The institutional investor owned 107,304 shares of the company’s stock after purchasing an additional 11,936 shares during the period. Capital Group Core Equity ETF accounts for 1.9% of Seamount Financial Group Inc.’s investment portfolio, making the stock its 13th largest holding. Seamount Financial Group Inc.’s holdings in Capital Group Core Equity ETF were worth $4,123,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. LPL Financial LLC grew its holdings in shares of Capital Group Core Equity ETF by 19.2% in the fourth quarter. LPL Financial LLC now owns 23,734,177 shares of the company’s stock valued at $954,826,000 after purchasing an additional 3,824,999 shares in the last quarter. Raymond James Financial Inc. raised its stake in Capital Group Core Equity ETF by 4.0% during the fourth quarter. Raymond James Financial Inc. now owns 7,308,251 shares of the company’s stock valued at $294,011,000 after purchasing an additional 279,570 shares in the last quarter. Morgan Stanley lifted its position in Capital Group Core Equity ETF by 9.7% during the fourth quarter. Morgan Stanley now owns 6,715,499 shares of the company’s stock valued at $270,165,000 after purchasing an additional 592,642 shares during the last quarter. Capital International Investors grew its stake in shares of Capital Group Core Equity ETF by 1.1% in the 4th quarter. Capital International Investors now owns 6,046,805 shares of the company’s stock worth $243,263,000 after buying an additional 68,441 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in Capital Group Core Equity ETF by 7.6% in the fourth quarter. Cetera Investment Advisers now owns 5,940,417 shares of the company’s stock worth $238,983,000 after acquiring an additional 417,787 shares in the last quarter.

Capital Group Core Equity ETF Stock Performance

NYSEARCA CGUS opened at $44.16 on Friday. The company has a market cap of $11.10 billion, a P/E ratio of 26.31 and a beta of 0.93. The business’s 50 day moving average price is $43.53 and its 200-day moving average price is $41.44. Capital Group Core Equity ETF has a fifty-two week low of $37.03 and a fifty-two week high of $44.62.

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.