Capital Management Associates Inc Buys 6,696 Shares of Capital Group Core Equity ETF (NYSEARCA:CGUS)

Capital Management Associates Inc boosted its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 15.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 50,744 shares of the company’s stock after purchasing an additional 6,696 shares during the quarter. Capital Group Core Equity ETF makes up 0.7% of Capital Management Associates Inc’s investment portfolio, making the stock its 25th largest position. Capital Management Associates Inc owned about 0.06% of Capital Group Core Equity ETF worth $1,775,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in CGUS. Geneos Wealth Management Inc. increased its holdings in shares of Capital Group Core Equity ETF by 111.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 2,173 shares of the company’s stock worth $76,000 after purchasing an additional 1,143 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Capital Group Core Equity ETF by 944.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,934 shares of the company’s stock valued at $101,000 after acquiring an additional 2,653 shares in the last quarter. ORG Partners LLC purchased a new stake in shares of Capital Group Core Equity ETF in the 4th quarter valued at about $105,000. Private Client Services LLC bought a new stake in shares of Capital Group Core Equity ETF during the 4th quarter valued at about $200,000. Finally, Atria Investments Inc purchased a new position in shares of Capital Group Core Equity ETF during the third quarter worth about $204,000.

Capital Group Core Equity ETF Stock Performance

Capital Group Core Equity ETF stock opened at $36.21 on Friday. Capital Group Core Equity ETF has a fifty-two week low of $29.14 and a fifty-two week high of $36.75. The stock has a market cap of $2.99 billion, a P/E ratio of 26.52 and a beta of 0.96. The firm’s fifty day moving average price is $35.67 and its 200-day moving average price is $34.50.

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.