Beacon Financial Advisory LLC Buys 3,202 Shares of Capital Group Core Equity ETF (NYSEARCA:CGUS)

Beacon Financial Advisory LLC lifted its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 16.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 22,534 shares of the company’s stock after acquiring an additional 3,202 shares during the period. Beacon Financial Advisory LLC’s holdings in Capital Group Core Equity ETF were worth $772,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cetera Investment Advisers lifted its stake in 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 worth $68,048,000 after purchasing an additional 1,448,154 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in Capital Group Core Equity ETF by 28.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,892,224 shares of the company’s stock worth $190,024,000 after buying an additional 1,311,729 shares during the last quarter. LPL Financial LLC boosted its stake in Capital Group Core Equity ETF by 21.9% in the second quarter. LPL Financial LLC now owns 4,913,710 shares of the company’s stock worth $158,467,000 after buying an additional 883,726 shares in the last quarter. Sei Investments Co. bought a new position in Capital Group Core Equity ETF during the second quarter valued at approximately $24,364,000. Finally, Raymond James & Associates raised its stake in shares of Capital Group Core Equity ETF by 43.5% during the second quarter. Raymond James & Associates now owns 2,210,484 shares of the company’s stock worth $71,288,000 after acquiring an additional 670,052 shares in the last quarter.

Capital Group Core Equity ETF Stock Performance

Shares of CGUS opened at $34.39 on Wednesday. Capital Group Core Equity ETF has a fifty-two week low of $25.61 and a fifty-two week high of $35.01. The firm has a market cap of $2.84 billion, a price-to-earnings ratio of 26.52 and a beta of 0.96. The firm has a 50 day moving average price of $34.04 and a 200-day moving average price of $32.73.

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.