Freedom Investment Management Inc. Trims Position in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Freedom Investment Management Inc. decreased its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 10.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,750 shares of the company’s stock after selling 1,240 shares during the period. Freedom Investment Management Inc.’s holdings in Capital Group Core Equity ETF were worth $369,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CGUS. Comerica Bank raised its position in Capital Group Core Equity ETF by 83.3% during the 1st quarter. Comerica Bank now owns 1,100 shares of the company’s stock worth $34,000 after buying an additional 500 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Capital Group Core Equity ETF in the second quarter valued at about $89,000. Atria Investments Inc purchased a new stake in Capital Group Core Equity ETF in the 3rd quarter valued at approximately $204,000. International Assets Investment Management LLC acquired a new position in Capital Group Core Equity ETF during the 2nd quarter worth approximately $207,000. Finally, Mark Sheptoff Financial Planning LLC raised its stake in shares of Capital Group Core Equity ETF by 5.4% during the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 6,469 shares of the company’s stock worth $209,000 after buying an additional 329 shares in the last quarter.

Capital Group Core Equity ETF Price Performance

Capital Group Core Equity ETF stock opened at $35.56 on Friday. The stock’s 50 day moving average price is $34.71 and its 200 day moving average price is $33.28. Capital Group Core Equity ETF has a 1-year low of $26.75 and a 1-year high of $35.74. The company has a market cap of $2.94 billion, a PE ratio of 26.52 and a beta of 0.96.

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.